Plan Ledger DOL Form 5500 · updated monthly

Biotage, LLCbenefits

Biotage LLC Health and Welfare Plan · CHARLOTTE, NC · plan year 2025

Broker compensation reported · 2025
$65,427

Biotage, LLC's benefits plans covered 110 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $113,477. Insurance brokers and agents were paid $65,427 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.7% of premiums. That is $595 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 26% from $88,142 in 2024.

Insurance contracts · 20253
DELTA DENTAL OF NORTH CAROLINA · dental$113K · 210 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug vision ppopremiums n/a · 196 covered
USABLE LIFE · life std ltdpremiums n/a · 110 covered
Brokers & agents paid · 20253
DAVID SIMAS$25,647
USI INSURANCE SERVICES LLC$27,555 · incl $324 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043535072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.