Plan Ledger DOL Form 5500 · updated monthly

Verus Aerospace, LLCbenefits

Cadence Aerospace Health and Welfare Benefit Plan · ANAHEIM, CA · plan year 2024

Broker compensation reported · 2024
$80,533

Verus Aerospace, LLC's benefits plan covered 536 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $557,297. Insurance brokers and agents were paid $80,533 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.5% of premiums. That is $150 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · dental life std ltd$557K · 529 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 882 covered
BLUE CROSS AND BLUE SHIELD OF KANSAS · health drugpremiums n/a · 302 covered
Brokers & agents paid · 20242
ADP INC$20,209 · incl $20,209 fees
Also brokered by Hays Companies5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271584370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.