Kwm Acquisitionsbenefits
Kwm Acquisitions Benefit Plan · BYRON CENTER, MI · plan year 2024
Kwm Acquisitions's benefits plans covered 162 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,085,422. Insurance brokers and agents were paid $84,035 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $519 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 28% from $116,646 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 471900986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.