Plan Ledger DOL Form 5500 · updated monthly

Convergence Networks, Inc.benefits

Convergence Networks, Inc. Health and Welfare Plan · MILWAUKIE, OR · plan year 2024

Broker compensation reported · 2024
$87,850

Convergence Networks, Inc.'s benefits plans covered 114 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $87,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $771 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 2.3% from $89,949 in 2023.

Insurance contracts · 20242
REGENCE BLUECROSS BLUESHIELD OF OREGON · health vision ppopremiums n/a · 234 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental life std ppopremiums n/a · 236 covered
Brokers & agents paid · 20243
WOODRUFF-SAWYER OREGON INC$63,826 · incl $1,708 fees
AP BENEFIT ADVISORS LLC$1,180 · incl $1,180 fees
Also brokered by Woodruff-Sawyer Oregon Inc5
Legacy Health OR$90,082
Redbuilt LLC ID$34,062

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 931304921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.