Plan Ledger DOL Form 5500 · updated monthly

Glowforge, Inc.benefits

Glowforge, Inc. Welfare Benefit Plan · SEATTLE, WA · plan year 2024

Broker compensation reported · 2024
$62,444

Glowforge, Inc.'s benefits plans covered 75 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $96,187. Insurance brokers and agents were paid $62,444 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.9% of premiums. That is $833 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 49% from $122,120 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF WASHINGTON · dental$96K · 148 covered
VISION SERVICE PLAN · visionpremiums n/a · 76 covered
REGENCE BLUESHIELD · health drug ppopremiums n/a · 143 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 56 covered
Brokers & agents paid · 20244
USI INSURANCE SERVICES NORTHWEST$56,214 · incl $2,220 fees
USI INSURANCE SERVICES LLC$6,003 · incl $2,035 fees
GIS BENEFITS, INC.$151 · incl $151 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472044540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.