Plan Ledger DOL Form 5500 · updated monthly

Banker Industriesbenefits

Banker Industries · CHANDLER, AZ · plan year 2024

Broker compensation reported · 2024
$41,741

Banker Industries's benefits plans covered 128 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $41,741 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $326 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $36,505 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF ARIZONA · health drug dentalpremiums n/a · 124 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · vision lifepremiums n/a · 128 covered
Brokers & agents paid · 20243
LOVITT AND TOUCHE, INC.$4,505 · incl $1,318 fees
BCBS OF ARIZONA$495 · incl $495 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208609234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.