The Lovesac Companybenefits
The Lovesac Company Severance Plan · STAMFORD, CT · plan year 2025
Broker compensation reported · 2025
$343,535
The Lovesac Company's benefits plans covered 1,912 active participants in 2025. Insurance brokers and agents were paid $343,535 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $180 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.2x the $82,680 reported for 2024.
Insurance contracts · 20253
AETNA LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 1,296 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 905 covered
UNUM INSURANCE COMPANYpremiums n/a · 288 covered
Brokers & agents paid · 20252
MARSH & MCLENNAN AGENCY, LLC$213,634 · incl $172,671 fees
LOCKTON COMPANIES, LLC$129,901 · incl $99,538 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643
Truist Financial Corporation NC$2,912,639
The Goodyear Tire & Rubber Company OH$1,999,036
Netcracker Technology Corporation MA$1,935,435
Breeze Aviation Group, Inc UT$1,518,374
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 320514958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.