Plan Ledger DOL Form 5500 · updated monthly

Bind-Rite Services, Inc.benefits

501 · SOUTH HACKENSACK, NJ · plan year 2024

Broker compensation reported · 2024
$75,469

Bind-Rite Services, Inc.'s benefits plan covered 87 active participants in 2024, providing health. Insurance brokers and agents were paid $75,469 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $867 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20241
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 87 covered
Brokers & agents paid · 20242
HAFETZ AND ASSOCIATES$49,807
PROFESSIONAL PENSIONS INC$25,662 · incl $25,662 fees
Also brokered by Hafetz and Associates1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222912912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.