Plan Ledger DOL Form 5500 · updated monthly

Bayvanguard Bankbenefits

Bayvanguard Bank Health and Welfare Benefit Plan · SPARROWS POINT, MD · plan year 2024

Broker compensation reported · 2024
$59,750

Bayvanguard Bank's benefits plan covered 102 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $59,750 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $586 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20242
CAREFIRST OF MARYLAND, INC. · health drug dental vision ppopremiums n/a · 77 covered
SUN LIFE ASSURANCE COMPANY OF CA · life std ltdpremiums n/a · 102 covered
Brokers & agents paid · 20241
AP BENEFIT ADVISORS LLC$59,750 · incl $46,840 fees
Also brokered by Ap Benefit Advisors LLC5
X-Energy, LLC MD$340,088
Sikich LLP IL$315,546

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520390295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.