Kutol Products Company Inc.benefits
Kutol Products Company Inc. Employee Benefit Plan · SHARONVILLE, OH · plan year 2024
Kutol Products Company Inc.'s benefits plans covered 199 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $68,107. Insurance brokers and agents were paid $90,543 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 132.9% of premiums. That is $455 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $80,666 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311690460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.