Plan Ledger DOL Form 5500 · updated monthly

Kronospan, LLCbenefits

Kronospan, LLC Welfare Plan · EASTABOGA, AL · plan year 2024

Broker compensation reported · 2024
$85,465

Kronospan, LLC's benefits plans covered 495 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,384,080. Insurance brokers and agents were paid $85,465 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $173 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $75,940 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF ALABAMA · health drug$2.4M · 748 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · visionpremiums n/a · 433 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 495 covered
Brokers & agents paid · 20241
VALENT GROUP, LLC$85,465 · incl $21,172 fees
Also brokered by Valent Group, LLC5
Peopletec, Inc. AL$134,387
Ics Holding LLC TX$82,537

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383707964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.