Plan Ledger DOL Form 5500 · updated monthly

Vector Fleet Management, LLCbenefits

Vector Fleet Management, LLC Welfare Benefits Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$62,708

Vector Fleet Management, LLC's benefits plans covered 499 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $62,708 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $55,570 in 2023.

Insurance contracts · 20243
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 346 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 499 covered
UNUM INSURANCE COMPANYpremiums n/a · 103 covered
Brokers & agents paid · 20242
DIGITAL INSURANCE, INC.$38,424 · incl $6,528 fees
MARSH AND MCLENNAN AGENCY$24,284 · incl $4,917 fees
Also brokered by Digital Insurance, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 205680368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.