Plan Ledger DOL Form 5500 · updated monthly

Willcox & Savage, P.C.benefits

Willcox & Savage P.C. Health and Welfare Plan/Flexible Benefits Plan · NORFOLK, VA · plan year 2025

Broker compensation reported · 2025
$58,658

Willcox & Savage, P.C.'s benefits plans covered 117 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $231,776. Insurance brokers and agents were paid $58,658 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.3% of premiums. That is $501 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.3% from $56,806 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · life std ltd$232K · 117 covered
SHIC PPO · health drug ppopremiums n/a · 137 covered
SENTARA ADVANTAGE POS M/C · health drugpremiums n/a · 60 covered
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 213 covered
FIDELITY SECURITY LIFE · visionpremiums n/a · 176 covered
Brokers & agents paid · 20252
USI INSURANCE SERVICES LLC$49,178 · incl $784 fees
CHARLES SPENCE$9,480
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 540976999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.