Kv Power, LLCbenefits

Kv Power, LLC's benefits plans covered 567 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $4,718,751. Insurance brokers and agents were paid $409,497 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.7% of premiums. That is $722 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 7.2% from $441,083 in 2023.