Plan Ledger DOL Form 5500 · updated monthly

I3 Verticals Management Services, Inc.benefits

I3 Verticals Health and Welfare Benefit Plan · NASHVILLE, TN · plan year 2025

Broker compensation reported · 2025
$341,388

I3 Verticals Management Services, Inc.'s benefits plans covered 849 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,107,691. Insurance brokers and agents were paid $341,388 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay rose 106% from $165,416 in 2024.

Insurance contracts · 20254
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health drug$9.6M · 1,303 covered
DELTA DENTAL OF TENNESSEE · dental$492K · 1,321 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · visionpremiums n/a · 569 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 849 covered
Brokers & agents paid · 20253
JAY BROWN$184,378
LOCKTON SPECIALTIES, LLC$24,472 · incl $24,472 fees
LOCKTON COMPANIES, LLC$132,538 · incl $38,010 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 300847828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.