Vecellio Group, Inc. Robert Colozzobenefits
Vecellio Group, Inc. Health and Welfare Administration Plan · WEST PALM BEACH, FL · plan year 2024
Vecellio Group, Inc. Robert Colozzo's benefits plans covered 1,202 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $168,015. Insurance brokers and agents were paid $223,717 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 133.2% of premiums. That is $186 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.5x the $64,180 reported for 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200579135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.