Plan Ledger DOL Form 5500 · updated monthly

West Kentucky Rural Electric Co-Op Corporationbenefits

West Kentucky Rural Electric Cooperative Corporation · MAYFIELD, KY · plan year 2024

Broker compensation reported · 2024
$24,168

West Kentucky Rural Electric Co-Op Corporation's benefits plans covered 103 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $121,200. Insurance brokers and agents were paid $24,168 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.9% of premiums. That is $235 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.1% from $23,905 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF KENTUCKY · dental$121K · 360 covered
VISION SERVICE PLAN · visionpremiums n/a · 118 covered
UNITED HEALTHCARE INSURANCE COMPANYpremiums n/a · 116 covered
Brokers & agents paid · 20246
HOUCHENS INSURANCE GROUP, INC.$17,497 · incl $530 fees
JEFFREY D. HARNED$3,001 · incl $1,031 fees
BILODEAU, INC.$1,232 · incl $378 fees
LIG BENEFITS LLC AND VARIOUS AGENTS$534 · incl $32 fees
2 individual agents · names withheld$1,219

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.

Also brokered by Houchens Insurance Group, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610378848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.