Plan Ledger DOL Form 5500 · updated monthly

Observe Inc.benefits

Observe Inc. Benefit Plan · SAN MATEO, CA · plan year 2024

Broker compensation reported · 2024
$228,180

Observe Inc.'s benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $228,180 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,391 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.4% from $212,378 in 2023.

Insurance contracts · 20248
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 96 covered
SPRING HEALTHpremiums n/a · 164 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 372 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 96 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 96 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 43 covered
CALIFORNIA PHYSICIANS' SERVICE (BLUE SHIELD OF CALIFORNIA) · health drug hmo ppopremiums n/a · 285 covered
VISION SERVICE PLAN · visionpremiums n/a · 157 covered
Brokers & agents paid · 20243
CENTERSTONE INS AND FINANCIAL SVCS$41,843
ALLIANT INSURANCE SERVICES, INC.$184,846 · incl $3,703 fees
Also brokered by Centerstone Ins and Financial Svcs5
Qualys, Inc. CA$196,527
Mother LLC CA$32,687

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 822958218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.