Plan Ledger DOL Form 5500 · updated monthly

Velocity Ehsbenefits

Velocity Ehs Group Health & Welfare Benefit Plan · CHICAGO, IL · plan year 2025

Broker compensation reported · 2025
$214,466

Velocity Ehs's benefits plans covered 353 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $214,466 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $608 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.7% from $199,134 in 2024.

Insurance contracts · 20254
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 560 covered
VISION SERVICE PLAN · visionpremiums n/a · 258 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 353 covered
Brokers & agents paid · 20255
BROWN & BROWN INS. SERVICES, INC.$179,241 · incl $6,479 fees
GALLAGHER BENEFIT SERVICES, INC.$29,602 · incl $234 fees
N-GAGE LLC$4,409
STRATEGIC NON-MEDICAL SOLUTIONS$1,184
H E INSURANCE INC$30
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043626476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.