Plan Ledger DOL Form 5500 · updated monthly

Versa Products Company, Inc.benefits

Versa Products Company, Inc. Health & Welfare Benefit Plan · PARAMUS, NJ · plan year 2024

Broker compensation reported · 2024
$153,840

Versa Products Company, Inc.'s benefits plans covered 137 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $153,840 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,123 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 14% from $135,520 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 108 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 137 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug visionpremiums n/a · 163 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES, LLC$9,969 · incl $4,026 fees
EMERSON ROGERS, LLC$60,354 · incl $47,841 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221662922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.