Unbiased Insights

Employer

Veltek Associates, Inc.

15 Lee Boulevard, Malvern, PA 19355 · EIN 23-2646423 · Aug 1, 2024 to Jul 31, 2025

Plan year 2024

View

Renewal and disruption

Flags

Named parties added

  • + Broker - My Benefit Advisor LLC

Named parties removed

  • Broker - My Benefit Advisors LLC
  • Broker - My Benefit Advisor

Coverage added in the last 2 years

  • + Dental (2024)

Coverage removed in the last 2 years

  • Other (2024)

Carriers added

  • + Standard Life And Accident Insurance Company
  • + Sun Life Assurance Company Of Canada

Carriers removed

  • HM Life Insurance Company
  • Principal Life Insurance Company
  • Gerber Life Insurance Company

Covered lives moved

  • 168 vs 255 in 2023

Comp % outside peer band

  • Stop-loss 18.4% · above peers p10–p90 2.5%–15.0% (median 4.6%, n=31)

Peer band

358 Lancaster groups · 100-249 lives

Stop-loss on filing. Median overlay uses the same lives band. Missing Schedule A is a gap, not $0.

Series

016733350020202021202220232024
This company168Peer median155.5