Plan Ledger DOL Form 5500 · updated monthly

Verinext Corp.benefits

Verinext Corp. Welfare Benefits Plan · BLUE BELL, PA · plan year 2024

Broker compensation reported · 2024
$67,040

Verinext Corp.'s benefits plans covered 250 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $67,040 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.1% from $69,934 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 212 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 24 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 250 covered
Brokers & agents paid · 20245
THOMPSON FLANAGAN & CO$33,394
BRIAN DAVID CARRAGHER$3,776
THOMPSON FLANAGAN BENEFITS GROUP$24,281
WATCHTOWER BENEFITS, LLC$3,132 · incl $3,132 fees
NFP INSURANCE SERVICES, INC.$2,457 · incl $2,457 fees
Also brokered by Thompson Flanagan & Co3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 233024532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.