Plan Ledger DOL Form 5500 · updated monthly

Ramp Business Corporationbenefits

Ramp Business Corporation Health & Welfare Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$420,745

Ramp Business Corporation's benefits plans covered 928 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $420,745 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $453 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 30% from $600,075 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 1,119 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 899 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK · life std ltdpremiums n/a · 928 covered
Brokers & agents paid · 20242
BENNIE INSURANCE, LLC$251,014 · incl $134,182 fees
PROFESSIONAL GROUP PLANS, INC.$169,731 · incl $159,927 fees
Also brokered by Bennie Insurance, LLC5
Byheart NY$306,078
Drata Inc. CA$295,615
Iex Group, Inc. NY$251,428

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 834047085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.