Plan Ledger DOL Form 5500 · updated monthly

Veracross, LLCbenefits

Veracross, LLC Employee Benefits Plan · WAKEFIELD, MA · plan year 2024

Broker compensation reported · 2024
$85,025

Veracross, LLC's benefits plans covered 214 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,102,034. Insurance brokers and agents were paid $85,025 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $397 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.9% from $81,845 in 2023.

Insurance contracts · 20249
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health$2.9M · 472 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · dental$219K · 475 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 72 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 46 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 214 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 51 covered
EYEMED VISION CARE · visionpremiums n/a · 360 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 207 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 207 covered
Brokers & agents paid · 20241
HILB GROUP OF NEW ENGLAND$85,025 · incl $13,163 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 461589717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.