Formulated Solutions, LLCbenefits
Formulated Solutions, LLC Benefit Plan · LARGO, FL · plan year 2025
Broker compensation reported · 2025
$62,280
Formulated Solutions, LLC's benefits plans covered 496 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $62,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 63% from $38,131 in 2024.
Insurance contracts · 202512
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 532 covered
RELIANCEMATRIX · visionpremiums n/a · 695 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 366 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 496 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 187 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 200 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 494 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 151 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 187 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 115 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 98 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 131 covered
Brokers & agents paid · 20257
M.E. WILSON COMPANY LLC$33,746
ME WILSON COMPANY, LLC$4,246
M.E. WILSON COMPANY, LLC$5,507
ADP, INC.$9,676 · incl $8,487 fees
GIS BENEFITS INC.$8,792
GIS BENFITS, INC.$218
Also brokered by M.E. Wilson Company LLC3
HX5, LLC FL$102,865
Mental Health Care, Inc. FL$33,274
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 593679835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.