Plan Ledger DOL Form 5500 · updated monthly

Varney, Inc.benefits

Varney, Inc. Flexible Benefit Plan · ROANOKE, VA · plan year 2024

Broker compensation reported · 2024
$24,811

Varney, Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $81,496. Insurance brokers and agents were paid $24,811 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.4% of premiums. That is $149 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.5% from $25,714 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF VIRGINIA · dental$81K · 238 covered
HUMANA INSURANCE COMPANY · visionpremiums n/a · 125 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 42 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 166 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 165 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 65 covered
Brokers & agents paid · 20242
D&S LIFE AGENCY INC$23,344 · incl $3,915 fees
D&S LIFE AGENCY INSURANCE$1,467
Also brokered by D&S Life Agency Inc4

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540791615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.