Plan Ledger DOL Form 5500 · updated monthly

Virginia Port Authoritybenefits

Port of Virginia Welfare Benefit Plan · NORFOLK, VA · plan year 2024

Broker compensation reported · 2024
$13,755

Virginia Port Authority's benefits plans covered 464 active participants in 2024, providing health · health · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $13,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 30% from $10,589 in 2023.

Insurance contracts · 20245
AFLACpremiums n/a · 26 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 188 covered
EYEMED VISION CARE · visionpremiums n/a · 444 covered
THE HARTFORD · lifepremiums n/a · 464 covered
LEGAL RESOURCESpremiums n/a · 113 covered
Brokers & agents paid · 20242
AP BENEFIT ADVISORS LLC$11,011 · incl $11,011 fees
MULTIPLE BROKERS (SEE APPENDIX)$2,744 · incl $56 fees
Also brokered by Ap Benefit Advisors LLC5
X-Energy, LLC MD$340,088
Sikich LLP IL$315,546

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 546001785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.