Material in Motionbenefits
Material in Motion Employee Health and Welfare Benefits Plan · SANTA CLARA, CA · plan year 2024
Broker compensation reported · 2024
$143,484
Material in Motion's benefits plans covered 108 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $143,484 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,329 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.6x the $25,517 reported for 2023.
Insurance contracts · 20242
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 30 covered
CALIFORNIA PHYSICIANS' SERVICE · health drug dental vision ppopremiums n/a · 159 covered
Brokers & agents paid · 20241
SEQUOIA BENEFITS & INS SVCS LLC$143,484 · incl $120,348 fees
Also brokered by Sequoia Benefits & Ins Svcs LLC5
Sequoia One Peo, LLC AZ$34,624,280
Spring Care, Inc. NY$1,010,794
Persistent Systems, Inc. CA$813,328
Anthropic Pbc CA$785,958
DYN365, Inc. dba RESTAURANT365 CA$776,939
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 841927192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.