Plan Ledger DOL Form 5500 · updated monthly

Wits Solutions, Incbenefits

Wits Solutions, Inc. Health and Welfare Plan · SAN MATEO, CA · plan year 2024

Broker compensation reported · 2024
$29,744

Wits Solutions, Inc's benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $29,744 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $197 per covered person, above the median for employer plans that report broker pay. Brokers were paid 9.9x the $2,995 reported for 2023.

Insurance contracts · 20247
ANTHEM BLUE CROSS BLUE SHIELD · healthpremiums n/a · 75 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 110 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · health drugpremiums n/a · 11 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 53 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 15 covered
Brokers & agents paid · 20242
EMPLOYEE BENEFITS CORP. OF AMERICA$27,368 · incl $2,768 fees
FCE BENEFIT ADMINISTRATORS, INC.$2,376 · incl $567 fees
Also brokered by Employee Benefits Corp. of America5
Didlake, Inc. VA$77,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 263877344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.