Plan Ledger DOL Form 5500 · updated monthly

Varney Agency, Inc.benefits

Varney Agency Inc. Health & Welfare Benefit Plan · BANGOR, ME · plan year 2025

Broker compensation reported · 2025
$72,263

Varney Agency, Inc.'s benefits plans covered 163 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $118,089. Insurance brokers and agents were paid $72,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 61.2% of premiums. That is $443 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.5% from $71,177 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · life std ltd$118K · 163 covered
DELTA DENTAL PLAN OF MAINE · dentalpremiums n/a · 221 covered
RED TREE INSURANCE COMPANY, INC · visionpremiums n/a · 187 covered
HARVARD PILGRIM HEALTH CARE · health hmopremiums n/a · 60 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 18 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 135 covered
Brokers & agents paid · 20253
VARNEY AGENCY INC$28,701
VARNEY & CO BENEFITS ADVISORS$43,244 · incl $4,502 fees
COMBINED SERVICES LLC DBA CSONE BEN$318

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 010379093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.