Plan Ledger DOL Form 5500 · updated monthly

Bak Festivals Inc.benefits

Bak Festivals Inc. Health and Welfare Plan · SALINAS, CA · plan year 2024

Broker compensation reported · 2024
$40,970

Bak Festivals Inc.'s benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $40,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $353 per covered person, above the median for employer plans that report broker pay. Broker pay rose 173% from $14,983 in 2023.

Insurance contracts · 20243
BLUE CROSS OF CALIFORNIA · health ppopremiums n/a · 39 covered
HUMANA INSURANCE COMPANY · dental vision lifepremiums n/a · 116 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 38 covered
Brokers & agents paid · 20245
WORD & BROWN INS ADMIN INC$6,087 · incl $6,087 fees
WORD & BROWN INS ADMINSTRATORS$4,863
HEFFERNAN INS BROKERS$1,926
Also brokered by Edgewood Partners Insurance Center5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823265616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.