Plan Ledger DOL Form 5500 · updated monthly

Paylocity Corporationbenefits

Paylocity Corporation Welfare Benefit Plan · SCHAUMBURG, IL · plan year 2024

Broker compensation reported · 2024
$463,022

Paylocity Corporation's benefits plans covered 6,212 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $463,022 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $75 per covered person, below the median for employer plans that report broker pay. Brokers were paid 13.3x the $34,755 reported for 2023.

Insurance contracts · 20245
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 5,755 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · visionpremiums n/a · 4,323 covered
HAWAII MEDICAL SERVICE ASSOCIATION · healthpremiums n/a · 3 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · life ltdpremiums n/a · 6,180 covered
BLUECROSS BLUESHIELD OF ILLINOIS · dental hmopremiums n/a · 124 covered
Brokers & agents paid · 20242
MERCER HEALTH & BENEFITS LLC$62,993 · incl $51,145 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364227403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.