Plan Ledger DOL Form 5500 · updated monthly

Independent Purchasing Cooperative, Inc.benefits

Independent Purchasing Cooperative, Inc. Employee Welfare Benefits Plan · MIAMI, FL · plan year 2025

Broker compensation reported · 2025
$126,810

Independent Purchasing Cooperative, Inc.'s benefits plans covered 139 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,101,769. Insurance brokers and agents were paid $126,810 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $912 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 8.5% from $138,625 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug ppo$2.1M · 128 covered
VISION SERVICE PLAN · visionpremiums n/a · 138 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 138 covered
DELTA DENTAL INSURANCE COMPANY · dentalpremiums n/a · 312 covered
ARMADACARE · health drugpremiums n/a · 7 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 16 covered
Brokers & agents paid · 20252
MERCER HEALTH AND BENEFITS, LLC$126,798 · incl $3,536 fees
MERCER (US), INC.$12 · incl $12 fees
Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 650701885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.