Plan Ledger DOL Form 5500 · updated monthly

Avidxchange, Inc.benefits

Avidxchange, Inc. Employee Benefit Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$317,041

Avidxchange, Inc.'s benefits plans covered 1,274 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $317,041 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $249 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.9% from $323,288 in 2023.

Insurance contracts · 20243
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 1,448 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,565 covered
EMPLOYEE NETWORK, INC.premiums n/a · 1,606 covered
Brokers & agents paid · 20243
NFP INSURANCE SERVICES NY LLC$11,665 · incl $11,665 fees
IMG$357 · incl $357 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562193588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.