Plan Ledger DOL Form 5500 · updated monthly

Baywater Drilling, LLCbenefits

Baywater Drilling Employee Benefits Plan · THE WOODLANDS, TX · plan year 2025

Broker compensation reported · 2025
$880,751

Baywater Drilling, LLC's benefits plans covered 264 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $880,751 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3,336 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.5x the $250,388 reported for 2023.

Insurance contracts · 202510
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 1,174 covered
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 175 covered
VISION SERVICE PLAN · visionpremiums n/a
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 1,269 covered
VISION SERVICE PLAN · visionpremiums n/a
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 241 covered
AETNA LIFE INSURANCE CO. · healthpremiums n/a · 647 covered
BLUECROSS BLUESHIELD OF TEXAS · dentalpremiums n/a · 935 covered
VISION SERVICE PLAN · visionpremiums n/a · 265 covered
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 333 covered
Brokers & agents paid · 20253
USI SOUTHWEST INC$798,181 · incl $38,718 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 462713649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.