Plan Ledger DOL Form 5500 · updated monthly

Ktx Electric, LLCbenefits

Ktx Electric, LLC Wrap Plan · MIDLAND, TX · plan year 2024

Broker compensation reported · 2024
$49,661

Ktx Electric, LLC's benefits plans covered 100 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $49,661 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $497 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.3x the $15,068 reported for 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 201 covered
Brokers & agents paid · 20242
HIGGINBOTHAM INSURANCE AGENCY, INC$35,335 · incl $3,568 fees
GIS BENEFITS INC$14,326 · incl $14,326 fees
Also brokered by Higginbotham Insurance Agency, Inc5
Dixieco, LLC TX$275,985

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823194988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.