Plan Ledger DOL Form 5500 · updated monthly

Banecare Management LLCbenefits

Banecare Management LLC Health and Welfare Benefits Plan · BRAINTREE, MA · plan year 2024

Broker compensation reported · 2024
$167,831

Banecare Management LLC's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $167,831 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,322 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $145,348 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 125 covered
ALTUS DENTAL INSURANCE COMPANY · dentalpremiums n/a · 348 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 51 covered
Brokers & agents paid · 20246
VARIOUS AGENTS-PLEASE SEE ATTACHED$155,696 · incl $29,804 fees
NFP INSURANCE SERVICES - NY$3,346 · incl $394 fees
NEESENROLL$2,128 · incl $2,128 fees
ALERA GROUP, INC. DBA BERKSHIRE$66 · incl $5 fees
Also brokered by Various Agents-Please See Attached5
Fgf,Llc TX$471,793
Optreum LLC FL$75,900

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043540929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.