Varo Money, Inc.benefits
Varo Money, Inc. Employee Health and Welfare Benefits Plan · SAN FRANCISCO, CA · plan year 2025
Broker compensation reported · 2025
$264,955
Varo Money, Inc.'s benefits plans covered 269 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $264,955 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $985 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 13% from $305,959 in 2024.
Insurance contracts · 20253
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 46 covered
BLUE CROSS OF CALIFORNIA · health ppopremiums n/a · 565 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 349 covered
Brokers & agents paid · 20252
SEQUOIA BENEFITS & INS SVCS LLC$45,488 · incl $4,399 fees
SEQUOIA BENEFITS & INS. SERVICES$219,467 · incl $2,043 fees
Also brokered by Sequoia Benefits & Ins Svcs LLC5
Vast, Inc. CA$1,088,865
Nextpower, Inc CA$906,748
Applied Intuition, Inc. CA$797,026
DYN365, Inc. dba RESTAURANT365 CA$761,681
Adyen N.V. CA$700,745
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 475457481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.