Plan Ledger DOL Form 5500 · updated monthly

Velocity Commercial Capital, LLCbenefits

Velocity Commercial Capital Welfare Benefits Plan · WESTLAKE VILLAGE, CA · plan year 2023

Broker compensation reported · 2023
$44,667

Velocity Commercial Capital, LLC's benefits plan covered 289 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $44,667 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $155 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20232
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 238 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 289 covered
Brokers & agents paid · 20231
POMS AND ASSOCIATES INS. BROKERS$44,667
Also brokered by Poms and Associates Ins. Brokers5
Ampla Health CA$319,335

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 201193192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.