Plan Ledger DOL Form 5500 · updated monthly

Biamp Systemsbenefits

Biamp Systems' Health & Welfare Benefits Plan · BEAVERTON, OR · plan year 2024

Broker compensation reported · 2024
$192,372

Biamp Systems's benefits plans covered 575 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $192,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $335 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.3% from $209,793 in 2023.

Insurance contracts · 20245
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health drug dental visionpremiums n/a · 142 covered
CANOPYpremiums n/a · 575 covered
REGENCE BLUECROSS BLUESHIELD OF OREGON · health drugpremiums n/a · 680 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 575 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 575 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$172,420 · incl $7,981 fees
LOCKTON SPECIALTIES, LLC$19,952 · incl $19,952 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 931264227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.