Plan Ledger DOL Form 5500 · updated monthly

Bay Federal Credit Unionbenefits

Bay Federal Credit Union Welfare Benefit Plan · CAPITOLA, CA · plan year 2024

Broker compensation reported · 2024
$148,264

Bay Federal Credit Union's benefits plans covered 293 active participants in 2024, providing health · dental · vision · other · life · long-term disability · short-term disability. Insurance brokers and agents were paid $148,264 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $506 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 8.3% from $161,762 in 2023.

Insurance contracts · 202410
KAISER FOUNDATION HEALTH PLAN INCpremiums n/a · 90 covered
KAISER FOUNDATION HEALTH PLAN INCpremiums n/a · 18 covered
SUTTER HEALTH PLAN · health drug hmopremiums n/a · 293 covered
VISION SERVICE PLAN · visionpremiums n/a · 202 covered
UNITED OF OMAHA LIFE INSUARNCE COMPANY · lifepremiums n/a · 237 covered
EMPATHIA PACIFIC INCpremiums n/a · 254 covered
DELTA DENTAL · dentalpremiums n/a · 208 covered
Brokers & agents paid · 20248
PBG PROFESSIONAL INSURANCE SERVICES$84,640
PROGRESSIVE BENEFIT GROUP$37,727 · incl $636 fees
GROUP BENEFITS LTD$1,076 · incl $1,076 fees
Also brokered by Pbg Professional Insurance Services1
First Alarm CA$11,730

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 941448021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.