Plan Ledger DOL Form 5500 · updated monthly

The Kinetic Group, Inc.benefits

The Kinetic Group, Inc. Employee Welfare Benefit Plan · ANOKA, MN · plan year 2024

Broker compensation reported · 2024
$180,618

The Kinetic Group, Inc.'s benefits plan covered 3,564 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $180,618 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $51 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20249
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 6 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 2,744 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,240 covered
LEGALPLANS, USApremiums n/a · 378 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 3,564 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH PApremiums n/a · 3,564 covered
COMPSYCHpremiums n/a · 3,564 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 4,898 covered
Brokers & agents paid · 202410
BROWN AND BROWN OF FLORIDA, INC.$43,337 · incl $43,337 fees
WATCHTOWER BENEFITS, LLC$15,950 · incl $15,950 fees
HAYES COMPANIES, INC.$13,918 · incl $13,918 fees
WATCHTOWER TECHNOLOGIES, INC.$8,413 · incl $8,413 fees
HAYS COMPANIES, INC.$54,106 · incl $22,032 fees
AON RISK SERVICES CENTRAL INC$134 · incl $134 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 471016855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.