Plan Ledger DOL Form 5500 · updated monthly

Team Velocity Marketing, LLCbenefits

Team Velocity Marketing, LLC Employee Benefit Plan · HERNDON, VA · plan year 2024

Broker compensation reported · 2024
$608,198

Team Velocity Marketing, LLC's benefits plans covered 481 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $608,198 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,264 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 17.3x the $35,118 reported for 2023.

Insurance contracts · 202423
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 320 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 320 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 220 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 106 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 83 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 307 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 307 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 246 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 103 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 72 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 328 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 328 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 241 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 109 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 76 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 312 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 312 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 250 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 105 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 75 covered
AETNA LIFE INSURANCE CO. · health dental visionpremiums n/a · 556 covered
INNOVATION HEALTH · healthpremiums n/a · 134 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 481 covered
Brokers & agents paid · 20247
STRATEGIC GROUP BENEFITS$317,007 · incl $275,426 fees
CENTERSTONE INS AGCY & FIN SVCS$150,112 · incl $149,738 fees
AP BENEFIT ADVISORS, LLC$109,526 · incl $72,544 fees
MF IRVINE COMPANIES, LLC$13,848 · incl $12,969 fees
CRAWFORD ADVISORS, LLC$646
STRATEGIC FINANCIAL ASSOC$16,332

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 274215568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.