Bioivt, LLCbenefits
Bioreclamationivt, LLC Employee Benefits Plan · WOODBURY, NY · plan year 2025
Broker compensation reported · 2025
$386,985
Bioivt, LLC's benefits plan covered 520 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,604,079. Insurance brokers and agents were paid $386,985 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.4% of premiums. That is $744 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20254
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug$4.6M · 556 covered
VISION SERVICE PLAN · visionpremiums n/a · 375 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 418 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 520 covered
Brokers & agents paid · 20252
GALLAGHER BENEFIT SERVICES, INC.$386,868 · incl $290,722 fees
IMG$117 · incl $117 fees
Also brokered by Gallagher5
Encompass Health Corporation AL$3,547,517
Florida Health Sciences Center, Inc. FL$3,300,730
Academic Medical Group FL$3,300,730
Prisma Health SC$2,123,789
Ahs Management Company, Inc. TN$2,061,754
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 271867431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.