Plan Ledger DOL Form 5500 · updated monthly

Banda Group International LLCbenefits

Banda Group International LLC Welfare Benefits Plan · MESA, AZ · plan year 2024

Broker compensation reported · 2024
$89,078

Banda Group International LLC's benefits plans covered 146 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $89,078 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $610 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 9.2x the $9,635 reported for 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 146 covered
BLUE CROSS BLUE SHIELD OF ARIZONA · health drugpremiums n/a · 103 covered
HEALTHIEST YOU C/O TELADOC HEALTH INCpremiums n/a · 40 covered
Brokers & agents paid · 20243
STERN INSURANCE GROUP INC$78,981 · incl $7,369 fees
PARAGON PARTNERS LTD$9,295 · incl $9,295 fees
STERN INSURANCE GROUP INC.$802
Also brokered by Stern Insurance Group Inc5
Xr Trading LLC IL$108,511

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201018381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.