Plan Ledger DOL Form 5500 · updated monthly

Wavetronix, LLCbenefits

Wavetronix, LLC Welfare Benefit Plan · PROVO, UT · plan year 2024

Broker compensation reported · 2024
$229,377

Wavetronix, LLC's benefits plans covered 315 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $501,681. Insurance brokers and agents were paid $229,377 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.7% of premiums. That is $728 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.7% from $221,220 in 2023.

Insurance contracts · 20245
MOTIVHEALTH INSURANCE CO · health drug$502K · 945 covered
LIFE INS CO OF NO AMERICA · lifepremiums n/a · 315 covered
LIFE INS CO OF NO AMERICApremiums n/a · 315 covered
METLIFE · healthpremiums n/a · 373 covered
METLIFE · dental vision std ltdpremiums n/a · 733 covered
Brokers & agents paid · 20244
NFP CORPORATE SERVICES UT$35,254 · incl $3,760 fees
NFP CORPORATE SERVICES UT INC$97,435 · incl $33,993 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 820525153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.