Plan Ledger DOL Form 5500 · updated monthly

Openly LLCbenefits

Openly LLC Health and Welfare Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$292,386

Openly LLC's benefits plans covered 395 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $292,386 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $740 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 90% from $153,804 in 2023.

Insurance contracts · 20248
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 364 covered
VISION SERVICE PLAN · visionpremiums n/a · 363 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 22 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · health drug hmopremiums n/a · 1 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 7 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 529 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 395 covered
Brokers & agents paid · 20244
ABD INS. AND FINANCIAL SVCS., INC.$264,060 · incl $1,049 fees
A SECURE YOU, INC.$2,026
NEWFRONT INSURANCE$26,146
2 individual agents · names withheld$154

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Abd Ins. and Financial Svcs., Inc.5
Alteryx, Inc. CA$922,341
Medallia, Inc. CA$555,956

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 822540752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.