Plan Ledger DOL Form 5500 · updated monthly

Bearing Service & Supply, Inc.benefits

Bearing Service & Supply, Inc. Employee Benefit Plan & Trust · SHREVEPORT, LA · plan year 2025

Broker compensation reported · 2025
$74,550

Bearing Service & Supply, Inc.'s benefits plans covered 55 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $74,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,355 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.2% from $73,669 in 2024.

Insurance contracts · 20254
HEALTHCARE HWYS · ppopremiums n/a · 55 covered
MEDICAL HELPLINEpremiums n/a · 55 covered
CIGNA · dental vision life std ltdpremiums n/a · 55 covered
PHOENIX · health drug stop-losspremiums n/a · 55 covered
Brokers & agents paid · 20251
IMA, INC.$74,550 · incl $27,416 fees
Also brokered by Ima5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 720718431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.