Baker Foods Incbenefits
Baker Food Inc · TALLADEGA, AL · plan year 2024
Broker compensation reported · 2024
$17,683
Baker Foods Inc's benefits plans covered 412 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $1,518,379. Insurance brokers and agents were paid $17,683 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $43 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 6.9% from $19,003 in 2023.
Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF ALABAMA · health drug ppo$1.5M · 226 covered
GUARDIAN INSURANCE COMPANY · dental vision life stdpremiums n/a · 412 covered
Brokers & agents paid · 20241
PATRIOT GROWTH INSURANCE SERVICES$17,683 · incl $17,683 fees
Also brokered by Patriot Growth Insurance Services5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630911131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.