Plan Ledger DOL Form 5500 · updated monthly

Verveba Telecom, LLCbenefits

Verveba Telecom, LLC Employee Welfare Plan · RICHARDSON, TX · plan year 2024

Broker compensation reported · 2024
$65,311

Verveba Telecom, LLC's benefits plan covered 131 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $65,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $499 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 106 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 205 covered
Brokers & agents paid · 20242
NEXT LEVEL INSURANCE AGENCY LLC$40,250
DANNY JOSEPH OCONNELL$25,061 · incl $4,500 fees
Also brokered by Next Level Insurance Agency LLC3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272405183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.