Plan Ledger DOL Form 5500 · updated monthly

Baker Distributing Corporationbenefits

Baker Distributing Corporation Medical/Hospital and Life Insurance Plan · NORTH CLARENDON, VT · plan year 2024

Broker compensation reported · 2024
$42,840

Baker Distributing Corporation's benefits plans covered 203 active participants in 2024, providing health · life · vision · short-term disability. Insurance premiums totaled $60,904. Insurance brokers and agents were paid $42,840 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 70.3% of premiums. That is $211 per covered person, above the median for employer plans that report broker pay. Broker pay fell 90% from $411,123 in 2023.

Insurance contracts · 20242
STANDARD INSURANCE COMPANY · life std$61K · 203 covered
CIGNA HEALTH & LIFE INSURANCE COMPANY · health drug vision ppopremiums n/a · 139 covered
Brokers & agents paid · 20243
CROSS INSURANCE, INC. - NH$17,102 · incl $641 fees
JAMES R NELLIGAN & ASSOCIATES, LLC$3,080 · incl $246 fees
Also brokered by Cross Benefit Solutions5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030215576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.