Banyan Street Advisors LLCbenefits
Banyan Street Advisors LLC Employee Benefits Plan · MIAMI, FL · plan year 2025
Banyan Street Advisors LLC's benefits plans covered 139 active participants in 2025, providing health · life · dental · short-term disability · vision · long-term disability. Insurance premiums totaled $1,755,951. Insurance brokers and agents were paid $124,854 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $898 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 20% from $103,625 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 800718963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.