Plan Ledger DOL Form 5500 · updated monthly

Whyy, Inc.benefits

Whyy Employee Benefits Plan · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$53,556

Whyy, Inc.'s benefits plans covered 201 active participants in 2024, providing health · vision · other. Insurance premiums totaled $2,730,114. Insurance brokers and agents were paid $53,556 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $266 per covered person, above the median for employer plans that report broker pay. Broker pay fell 62% from $142,429 in 2023.

Insurance contracts · 20243
INDEPENDENCE BLUE CROSS · health drug vision ppo$1.7M · 307 covered
KEYSTONE · health drug vision hmo$1.0M · 119 covered
MAIN LINE HEALTHpremiums n/a · 201 covered
Brokers & agents paid · 20241
RISK PLACEMENT SERVICES, INC.$53,556 · incl $14,565 fees
Also brokered by Risk Placement Services, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231438083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.