Plan Ledger DOL Form 5500 · updated monthly

Devtech Systems, Incbenefits

Devtech Systems Welfare Benefit Plan · ARLINGTON, VA · plan year 2024

Broker compensation reported · 2024
$67,361

Devtech Systems, Inc's benefits plans covered 37 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $67,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,821 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.5% from $74,432 in 2023.

Insurance contracts · 20242
CAREFIRST BLUECHOICE, INC. · health drug dental vision hmopremiums n/a · 66 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 36 covered
Brokers & agents paid · 20242
PATRIOT GROWTH INSURANCE SVCS., LLC$67,318 · incl $56,042 fees
TRUE NETWORK ADVISORS$43
Also brokered by Patriot Growth Insurance Svcs., LLC5
Trimetrix, Inc. VA$147,214
Bank of Marin CA$110,062

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521359315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.