Plan Ledger DOL Form 5500 · updated monthly

Generate Upcycle Servicesbenefits

Generate Upcycle Health and Welfare Plan · SPARTENBURG, SC · plan year 2024

Broker compensation reported · 2024
$72,372

Generate Upcycle Services's benefits plan covered 176 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $743,427. Insurance brokers and agents were paid $72,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $411 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20249
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$743K · 139 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 161 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 116 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 44 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 161 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 15 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 182 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 182 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 46 covered
Brokers & agents paid · 20246
SEQUOIA BENEFITS & INS SERVICES LLC$61,771 · incl $49,742 fees
SEQUOIA BENEFITS & INS. SERVICES$6,211 · incl $80 fees
ENROLLMENT ALLIANCE LLC$440 · incl $440 fees
USI INSURANCE SERVICES LLC$548 · incl $548 fees
USI SOUTHWEST INC$3,120 · incl $69 fees
Individual agent · names withheld$282

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Sequoia Benefits & Ins Services LLC5
Mntn, Inc. TX$244,749
Tactivos Inc CA$200,038
Moneylion, Inc. NY$179,828
Imply Data, Inc. CA$178,528
Blend Labs, Inc. CA$178,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 881823138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.