Drivewealth Holdings, Inc.benefits
Drivewealth Holdings, Inc. Employee Health and Welfare Benefits Plan · NEW YORK, NY · plan year 2025
Broker compensation reported · 2025
$98,671
Drivewealth Holdings, Inc.'s benefits plans covered 296 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $98,671 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $333 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.3% from $102,041 in 2024.
Insurance contracts · 20252
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 312 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 8 covered
Brokers & agents paid · 20251
SEQUOIA BENEFITS & INS SVCS LLC$98,671 · incl $10,344 fees
Also brokered by Sequoia Benefits & Ins Svcs LLC5
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 473891786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.