Form 5500 · Employee benefit plan · BANGOR, ME
VERSANT POWER
VERSANT POWER of BANGOR, ME files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is MERCER HEALTH & BENEFITS, LLC. Coverage is written through RELIASTAR LIFE INSURANCE COMPANY. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 01-0024370 · plan 502 · as of Aug 2026
Plan brief
The filing discloses a single insured line — stop-loss — through RELIASTAR LIFE INSURANCE COMPANY, covering 522 people.
The only insured piece of the health benefit is stop-loss coverage — the plan itself is self-funded, so premium and commission here reflect the stop-loss contract, not medical premium.
Reported premium across the insured contracts is $2,015,356, with $40,783 in disclosed broker commissions — about 2% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| RELIASTAR LIFE INSURANCE COMPANY | Stop-loss | 522 | December | $2,015,356 | $40,783 |
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