Plan Ledger DOL Form 5500 · updated monthly

Bico Buyer Incbenefits

Bico Buyer, Inc Welfare Plan · MOGADORE, OH · plan year 2024

Broker compensation reported · 2024
$61,862

Bico Buyer Inc's benefits plans covered 201 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $61,862 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $308 per covered person, above the median for employer plans that report broker pay. Brokers were paid 7.6x the $8,089 reported for 2023.

Insurance contracts · 20242
COMMUNITY INSURANCE COMPANY · health dental visionpremiums n/a · 261 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 201 covered
Brokers & agents paid · 20241
INSURANCE PARTNERS AGENCY, LLC$61,862 · incl $4,869 fees
Also brokered by Insurance Partners Agency, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 831505009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.