Formentera Operations LLCbenefits
Formentera Operations LLC Wrap Plan · AUSTIN, TX · plan year 2024
Broker compensation reported · 2024
$169,357
Formentera Operations LLC's benefits plans covered 268 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $169,357 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $632 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.8% from $174,228 in 2023.
Insurance contracts · 20242
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 789 covered
GUARDIAN · vision life std ltdpremiums n/a · 263 covered
Brokers & agents paid · 20241
ALLIANT INSURANCE SERVICES INC$169,357 · incl $13,350 fees
Also brokered by Alliant5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 851624801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.