Plan Ledger DOL Form 5500 · updated monthly

Rocketship Educationbenefits

Rocketship Education Health and Welfare Plan · SAN JOSE, CA · plan year 2024

Broker compensation reported · 2024
$274,303

Rocketship Education's benefits plans covered 1,199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,270,440. Insurance brokers and agents were paid $274,303 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $229 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.0% from $294,861 in 2023.

Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug ppo$6.3M · 792 covered
CONCERNpremiums n/a · 1,202 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 524 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,417 covered
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC STATES INC · health drug hmopremiums n/a · 44 covered
Brokers & agents paid · 20242
ABD INS. & FIN. SERVICES, INC.$119,317 · incl $4,703 fees
ABD INS. & FINANCIAL SERVICES, INC.$154,986 · incl $8,754 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204040597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.