Plan Ledger DOL Form 5500 · updated monthly

Workato Inc.benefits

Workato Welfare Benefits Plan · PALO ALTO, CA · plan year 2024

Broker compensation reported · 2024
$92,050

Workato Inc.'s benefits plans covered 325 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $92,050 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $283 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.0x the $23,254 reported for 2023.

Insurance contracts · 20245
VISION SERVICE PLAN · visionpremiums n/a · 288 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 86 covered
THE GUARDIAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 299 covered
WORKPLACE OPTIONSpremiums n/a · 394 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 325 covered
Brokers & agents paid · 20242
ALLIANT INSURANCE SERVICES, INC.$89,872 · incl $8,851 fees
BEERE & PURVES, INC.$2,178
Also brokered by Alliant5
Tyson Foods, Inc. AR$1,604,287
Stark Carpet Corp. NY$1,544,014

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 464341757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.