Versa Networksbenefits
Versa Networks, Inc. Employee Health and Welfare Benefits Plan · SANTA CLARA, CA · plan year 2025
Broker compensation reported · 2025
$145,172
Versa Networks's benefits plans covered 296 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $145,172 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $124,975 in 2024.
Insurance contracts · 20256
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 293 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 293 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 268 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 293 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 168 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 293 covered
Brokers & agents paid · 20254
SEQUOIA BENEFITS LLC$48,704
CENTERSTONE INS AGCY & FIN SVCS$17,197 · incl $17,197 fees
SEQUOIA BENEFITS & INS SVCS LLC$74,986 · incl $2,032 fees
NATIONAL BENEFIT CENTER$4,285 · incl $4,285 fees
Also brokered by Sequoia Benefits LLC5
A16Z Capital Management, L.L.C. CA$626,418
Square Enix, Inc. CA$287,458
Liftoff Mobile, Inc. CA$186,509
Webcor Construction LP CA$145,095
Tia, Inc. CA$109,583
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 364741451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.