form5500lookup

Form 5500 · Employee benefit plan · DURANT, OK

VERIDIC SOLUTIONS LLC

The filing calls this plan VERIDIC SOLUTIONS LLC MEDICAL COVERAGE 1, MEDICAL COVERAGE 2 AND OTHER COVERAGE.

VERIDIC SOLUTIONS LLC of DURANT, OK files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is PCF INSURANCE SRVCS OF THE WEST. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY. The plan's most recent policy period ended in June.

Benefits broker of record
Policy year ends
Juneas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 81-4143307 · plan 501 · plan year 2024, filed Jan 8, 2025

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
103
Active at start of year
103
Active at end of year
72
Disclosed commissions
$48,541
Typical renewal
July 1

Benefits declared on this filing

Healthinsured — CIGNA HEALTH AND LIFE INSURANCE COMPANY93 of 103 participants (90%)
Dentalinsured — CIGNA HEALTH AND LIFE INSURANCE COMPANY93 of 103 participants (90%)
Visioninsured — CIGNA HEALTH AND LIFE INSURANCE COMPANY93 of 103 participants (90%)
Lifenot declared on this filing
Disabilitynot declared on this filing

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 1 insured contract covering health, dental and vision; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 93 people.

Reported premium across the insured contracts is $143,210, with $48,541 in disclosed broker commissions — about 34% of premium.

The most recent policy period ended in June, and the plan year ends June 30. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
CIGNA HEALTH AND LIFE INSURANCE COMPANYHealth, Dental, Vision93Jul 1, 2024$143,210$48,541

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
VERIDIC SOLUTIONS LLC
EIN 81-4143307

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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