Plan Ledger DOL Form 5500 · updated monthly

Bay Area Builders, Inc.benefits

Bay Area Builders, Inc. Health and Welfare Plan · SANTA CLARA, CA · plan year 2024

Broker compensation reported · 2024
$147,548

Bay Area Builders, Inc.'s benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $147,548 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $894 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 17% from $126,371 in 2023.

Insurance contracts · 20246
COPOWER · dental vision lifepremiums n/a · 165 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 129 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 164 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health drug hmopremiums n/a · 20 covered
UNITED HEALTHCARE INSURANCE COMPANY · health drug hmo ppopremiums n/a · 148 covered
Brokers & agents paid · 20242
HEFFERNAN INSURANCE BROKERS$147,454 · incl $26 fees
LISI LLC$94 · incl $94 fees
Also brokered by Heffernan Insurance Brokers5
Amity Foundation CA$734,815
The New Iem, LLC CA$723,609
Acumen, LLC CA$333,445

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260790896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.