Plan Ledger DOL Form 5500 · updated monthly

Procore Technologies, Inc.benefits

Procore Technologies Health and Welfare Benefit Plan · CARPINTERIA, CA · plan year 2024

Broker compensation reported · 2024
$71,217

Procore Technologies, Inc.'s benefits plans covered 2,944 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $71,217 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 7.5x the $9,488 reported for 2023.

Insurance contracts · 202412
FEDERAL INSURANCE COMPANYpremiums n/a · 2,944 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 125 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 3,244 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 1,404 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 2,348 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 3,244 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 350 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 102 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 3 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 3 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 510 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 307 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS ADMIN$45,903 · incl $2,472 fees
MERCER HEALTH AND BENEFIT, LLC$25,314 · incl $6,915 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 731636261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.