Plan Ledger DOL Form 5500 · updated monthly

Verstela, a Terra Services, LLC Companybenefits

Verstela Welfare Benefits Plan · EVERETT, WA · plan year 2025

Previously filed as Verstela, a Terra Services LLC. Company. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$161,211

Verstela, a Terra Services, LLC Company's benefits plans covered 216 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $161,211 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $746 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 32% from $122,314 in 2024.

Insurance contracts · 20256
VISION SERVICE PLAN · visionpremiums n/a · 207 covered
CANOPYpremiums n/a · 97 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 216 covered
PAN AMERICAN LIFE INSURANCE COMPANY · stop-losspremiums n/a · 141 covered
AMERICAN PUBLIC LIFE INSURANCE COMPANY · health dental vision life std stop-losspremiums n/a · 113 covered
PREMERA BLUE CROSS · stop-losspremiums n/a · 205 covered
Brokers & agents paid · 20255
BENEFIT GUARANTY LLC$63,048
SOUTHEAST INSURANCE GROUP$4,492
LOCKTON COMPANIES, LLC$90,923 · incl $83,685 fees
775 SPECIALTY PROGRAM GROUP, LLC$2,478
TOTAL BENEFIT SOLUTIONS$270
Also brokered by Benefit Guaranty LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 911382999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.