Plan Ledger DOL Form 5500 · updated monthly

Bando USA, Inc.benefits

Bando USA, Inc. Health and Welfare Benefit Plan · ITASCA, IL · plan year 2024

Broker compensation reported · 2024
$106,147

Bando USA, Inc.'s benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $106,147 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $663 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 9.9% from $96,577 in 2023.

Insurance contracts · 20244
NIPPON LIFE INSURANCE COMPANY OF AMERICA · health drugpremiums n/a · 161 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 160 covered
Brokers & agents paid · 20246
TED BENNETT$4,682 · incl $1,568 fees
FRANKIE GLEE WILLIAMS$1,033 · incl $199 fees
LEIGH L. ARMSTRONG & OTHER AGENTS$304 · incl $7 fees
3 individual agents · names withheld$1,095

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Ted Bennett5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521704945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.