Plan Ledger DOL Form 5500 · updated monthly

Velocity Clinical Research Inc.benefits

Velocity Clinical Research, Inc Employee Benefit Plan · DURHAM, NC · plan year 2025

Broker compensation reported · 2025
$196,424

Velocity Clinical Research Inc.'s benefits plans covered 1,256 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $453,402. Insurance brokers and agents were paid $196,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.3% of premiums. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay fell 53% from $419,438 in 2024.

Insurance contracts · 20257
DELTA DENTAL OF NORTH CAROLINA · dental$453K · 1,256 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · stop-losspremiums n/a · 609 covered
FIRST UNUM LIFE INSURANCE COMPANY · stdpremiums n/a · 26 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 30 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 830 covered
UNUM INSURANCE COMPANYpremiums n/a · 185 covered
Brokers & agents paid · 20255
CENTERED INSURANCE SOLUTIONS INC$15,066
WARNER PACIFIC INSURANCE SERVICES I$4,825
RSC INSURANCE BROKERAGE INC.$116,140
Also brokered by Ebenconcepts Company5
King University TN$61,127

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 823171064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.