Purple Brandsbenefits
Purple Brands Health & Welfare Plan · PETALUMA, CA · plan year 2024
Broker compensation reported · 2024
$55,476
Purple Brands's benefits plans covered 58 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $55,476 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $956 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 35% from $85,049 in 2023.
Insurance contracts · 20246
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 51 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 51 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 48 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 51 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 51 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 51 covered
Brokers & agents paid · 20241
HEFFERNAN INSURANCE BROKERS$55,476
Also brokered by Heffernan Insurance Brokers5
Amity Foundation CA$734,815
The New Iem, LLC CA$723,609
North East Medical Services CA$497,477
Oak River Insurance Company CA$429,910
Acumen, LLC CA$333,445
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 943410677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.