Velentium LLCbenefits
Velentium Welfare Benefit Plan · RICHMOND, TX · plan year 2023
Broker compensation reported · 2023
$32,017
Velentium LLC's benefits plan covered 98 active participants in 2023, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $32,017 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $327 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
PRINCIPAL LIFE INSURANCE COMPANY · dental visionpremiums n/a · 282 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 96 covered
Brokers & agents paid · 20233
AMERICANIZED BENEFITS CONSULTANTS$22,268
CENTRO BENEFITS RESEARCH, LLC$5,342 · incl $5,342 fees
CENTRO BENEFITS GROUP, LLC$4,407 · incl $4,407 fees
Also brokered by Americanized Benefits Consultants5
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 461133467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.