Plan Ledger DOL Form 5500 · updated monthly

Integrated Procurement Technologies, Inc.benefits

Integrated Procurement Technologies Health and Welfare Benefits Plan · GOLETA, CA · plan year 2024

Broker compensation reported · 2024
$94,284

Integrated Procurement Technologies, Inc.'s benefits plans covered 107 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $94,284 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $881 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.8% from $87,445 in 2023.

Insurance contracts · 20242
NIPPON LIFE INSURANCE COMPANY OF AMERICA · health drugpremiums n/a · 145 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 192 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE LLC$22,777 · incl $3,629 fees
CENTRO BENEFITS RESEARCH LLC$5,090 · incl $5,090 fees
Also brokered by Digital Insurance Inc.5
Plastic Express CA$282,976

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 770424537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.