Plan Ledger DOL Form 5500 · updated monthly

Advex Corporationbenefits

Advex Corporation Life Insurance Plan · HAMPTON, VA · plan year 2024

Broker compensation reported · 2024
$30,289

Advex Corporation's benefits plans covered 99 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $30,289 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $306 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.3x the $9,226 reported for 2023.

Insurance contracts · 20245
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 99 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 16 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 95 covered
OPTIMA BEHAVIORAL HEALTH SERVICES INCpremiums n/a · 29 covered
OPTIMA HEALTH PLAN · health drug hmo ppopremiums n/a · 58 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$9,961 · incl $4,787 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540849747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.