Plan Ledger DOL Form 5500 · updated monthly

Valo Healthbenefits

Valo Health Employee Benefits Plan · LEXINGTON, MA · plan year 2024

Broker compensation reported · 2024
$72,752

Valo Health's benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,308,606. Insurance brokers and agents were paid $72,752 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $693 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 10% from $65,944 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental$2.3M · 258 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 116 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 42 covered
VISION SERVICE PLAN · visionpremiums n/a · 105 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC-NE$54,067 · incl $9,880 fees
MARSH & MCLENNAN AGENCY, LLC$18,685 · incl $4,270 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 832616304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.