Bioqual, Inc.benefits
Bioqual, Inc. Welfare Benefit Plan · ROCKVILLE, MD · plan year 2024
Broker compensation reported · 2024
$200,286
Bioqual, Inc.'s benefits plans covered 408 active participants in 2024, providing health · dental · vision · life · short-term disability · long-term disability. Insurance brokers and agents were paid $200,286 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $491 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 22% from $257,089 in 2023.
Insurance contracts · 20245
CIGNA HELATH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 314 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 408 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 50 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 50 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 50 covered
Brokers & agents paid · 20241
LYCEUM INSURANCE SERVICES LLC$200,286 · incl $172,883 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133078199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.