Plan Ledger DOL Form 5500 · updated monthly

Blend Labs, Inc.benefits

Blend Health and Welfare Benefits Plan · NOVATO, CA · plan year 2025

Broker compensation reported · 2025
$193,089

Blend Labs, Inc.'s benefits plans covered 360 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $69,288. Insurance brokers and agents were paid $193,089 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 278.7% of premiums. That is $536 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 21% from $245,185 in 2024.

Insurance contracts · 20257
VISION SERVICE PLAN · vision$69K · 318 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 134 covered
CALIFORNIA PHYSICIANS SERVICE · health drug dental ppopremiums n/a · 587 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 9 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 425 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 46 covered
Brokers & agents paid · 20255
SEQUOIA BENEFITS & INS SERVICES LLC$140,341 · incl $111,348 fees
SEQUOIA BENEFITS AND INSURANCE SVCS$25,432 · incl $15,695 fees
SEQUOIA BENEFITS & INS. SERVICES$18,752 · incl $46 fees
SEQUOIA BENEFITS AND INS SVCS LLC$7,007
AON CONSULTING INC$1,557 · incl $293 fees
Also brokered by Sequoia Benefits & Ins Services LLC5
Scale Ai, Inc. CA$507,792
Moneylion, Inc. NY$184,325
Tactivos Inc CA$163,551

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 455211045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.