Plan Ledger DOL Form 5500 · updated monthly

Outset Medical, Inc.benefits

Outset Medical, Inc. Employee Health and Welfare Benefits Plan · SAN JOSE, CA · plan year 2024

Broker compensation reported · 2024
$61,446

Outset Medical, Inc.'s benefits plans covered 350 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $61,446 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay fell 22% from $79,133 in 2023.

Insurance contracts · 20242
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 350 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 31 covered
Brokers & agents paid · 20243
NEWFRONT INSURANCE$36,589 · incl $160 fees
SEQUOIA BENEFITS AND INS. SVCS, LLC$6,707 · incl $6,222 fees
Also brokered by Newfront Insurance5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200514392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.