Plan Ledger DOL Form 5500 · updated monthly

Verkada, Inc.benefits

Verkada, Inc. Employee Health and Welfare Benefits Plan · SAN MATEO, CA · plan year 2025

Broker compensation reported · 2025
$292,072

Verkada, Inc.'s benefits plans covered 1,869 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $143,662. Insurance brokers and agents were paid $292,072 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 203.3% of premiums. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay rose 66% from $176,327 in 2024.

Insurance contracts · 20256
VISION SERVICE PLAN · vision$144K · 1,551 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 1,635 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 409 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 254 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 5 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,811 covered
Brokers & agents paid · 20253
SEQUOIA BENEFITS & INS SVCS LLC$248,424 · incl $209 fees
SEQUOIA BENEFITS & INS. SERVICES$38,228 · incl $14,525 fees
SEQUOIA BENEFITS LLC$5,420 · incl $1,970 fees
Also brokered by Sequoia Benefits & Ins Svcs LLC5
Vast, Inc. CA$1,088,865
Nextpower, Inc CA$906,748
Adyen N.V. CA$700,745

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 813505155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.