Plan Ledger DOL Form 5500 · updated monthly

Ivek Corporationbenefits

Life · NORTH SPRINGFIELD, VT · plan year 2025

Broker compensation reported · 2025
$12,996

Ivek Corporation's benefits plans covered 100 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $67,969. Insurance brokers and agents were paid $12,996 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.1% of premiums. That is $130 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $14,879 in 2024.

Insurance contracts · 20253
STANDARD INSURANCE COMPANY · life std ltd$68K · 100 covered
DELTA DENTAL PLAN OF VERMONT, INC. · dentalpremiums n/a · 178 covered
VISION SERVICE PLAN · visionpremiums n/a · 77 covered
Brokers & agents paid · 20251
RICHARDS, INC.$12,996 · incl $706 fees
Also brokered by Richards, Inc.5
Vhv Company VT$55,141

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 030272922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.