Plan Ledger DOL Form 5500 · updated monthly

Vecellio Group, Inc. Robert Colozzobenefits

Vecellio Group, Inc. Health and Welfare Administration Plan · WEST PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$223,717

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.

Insurance contracts · 20247
VISION SERVICE PLAN · vision$168K · 742 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 389 covered
UNUM INSURANCE COMPANYpremiums n/a · 330 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,213 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health dentalpremiums n/a · 917 covered
UNUM INSURANCE COMPANYpremiums n/a · 552 covered
UNUM INSURANCE COMPANYpremiums n/a · 357 covered
Brokers & agents paid · 20243
CUSTOM BENEFIT PROGRAMS, INC.$106,800 · incl $7,704 fees
BENEFIT EDUCATORS LLC$98,503
AON CONSULTING - MIAMI$18,414 · incl $18,414 fees
Also brokered by Custom Benefit Programs, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200579135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.