Plan Ledger DOL Form 5500 · updated monthly

Teksynapbenefits

Teksynap Health and Welfare Plan · RESTON, VA · plan year 2024

Broker compensation reported · 2024
$123,155

Teksynap's benefits plans covered 1,148 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $123,155 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 19% from $151,226 in 2023.

Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 7 covered
CHLIC ON BEHALF OF METLIFE · life ltdpremiums n/a · 7 covered
VISION SERVICE PLAN · visionpremiums n/a · 798 covered
KAISER PERMANENTE · healthpremiums n/a · 11 covered
GUARDIAN · life std ltdpremiums n/a · 1,148 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$105,958 · incl $6,353 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 263111285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.