Sequoia One Peo, LLC
Updated Filing received by DOL
Sequoia One Peo, LLC, an administrative & support services employer in Tempe, Arizona, reported 30,727 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 11 insurance contracts with no premium reported and $2.8M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on April 14, 2026, within the extension window.
Who was paid on Sequoia One Peo, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Sequoia One Peo, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Sequoia · San Mateo, CA | $354,301 | $2,465,960 | $2,820,261 | 5 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Blue Cross of Californiahealth, HMO, PPO · amount flagged as implausible, excluded | 108,179 | — | — | — |
| Cigna Health and Life Insurance Company and Affiliateshealth, indemnity | 830 | — | $844,812 | — |
| Cigna Health and Life Insurance Company and Affiliateshealth, indemnity | 146 | — | $162,126 | — |
| Cigna Health and Life Insurance Company and Affiliateshealth, indemnity | 618 | — | $634,457 | — |
| Cigna Health and Life Insurance Company and Affiliateshealth, indemnity | 1,721 | — | $822,765 | — |
| Anthem Blue Cross and Blue Shieldhealth, PPO · amount flagged as implausible, excluded | 16,733 | — | — | — |
| The Guardian Life Insurance Company of Americalife, short-term disability, long-term disability · amount flagged as implausible, excluded | 33,681 | — | — | — |
| The Guardian Life Insurance Company of Americadental, vision · amount flagged as implausible, excluded | 30,513 | — | — | — |
| Hawaii Medical Service Associationhealth, dental, vision | 110 | — | — | — |
| Kaiser Foundation Health Plan Inc.health, prescription drug, HMO | 876 | — | $356,101 | — |
| Kaiser Foundation Health Plan Inc.health, prescription drug, HMO · amount flagged as implausible, excluded | 4,138 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Sequoia One Peo, LLC compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 30,195 | 30,727 | +1.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $2,138,582 | $2,820,261 | +31.9% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Sequoia One Peo, LLC Health and Welfare Benefits Plan#501 · insurance, general assets | June 30, 2025 | April 14, 2026 | within extension | 30,727 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Sequoia One Peo, LLC pay in health insurance broker commissions in 2024?
Sequoia One Peo, LLC's 2024 Form 5500 reports $2,820,261 in broker commissions and fees across 11 insurance contracts ($354,301 in commissions, $2,465,960 in fees), with Sequoia receiving the largest share.
Is Sequoia One Peo, LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross of California, Cigna Health and Life Insurance Company and Affiliates, Anthem Blue Cross and Blue Shield.
How does Sequoia One Peo, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Sequoia One Peo, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.