Sequoia Holdings, LLCbenefits
Sequoia Holdings, LLC Health and Welfare Plan · HERNDON, VA · plan year 2024
Sequoia Holdings, LLC's benefits plans covered 191 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $268,627. Insurance brokers and agents were paid $157,161 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 58.5% of premiums. That is $823 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 170% from $58,141 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 455253341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.