Plan Ledger DOL Form 5500 · updated monthly

Derive Systems, LLCbenefits

Derive Systems, LLC Health and Welfare Plan · SANFORD, FL · plan year 2024

Broker compensation reported · 2024
$46,492

Derive Systems, LLC's benefits plans covered 73 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $46,492 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $637 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 36% from $72,708 in 2023.

Insurance contracts · 20243
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 106 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 51 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 73 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$46,492 · incl $38,549 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364778977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.