Plan Ledger DOL Form 5500 · updated monthly

Birmingham Fastener and Supply Inc.benefits

Birmingham Fastener and Supply Inc. Employee Benefits Plan · BIRMINGHAM, AL · plan year 2024

Broker compensation reported · 2024
$19,922

Birmingham Fastener and Supply Inc.'s benefits plans covered 596 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $19,922 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.4x the $5,931 reported for 2023.

Insurance contracts · 20249
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 670 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 406 covered
QBE INSURANCE · stop-losspremiums n/a · 468 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 221 covered
UNITED OF OMAHA LIFE COMPANY · stdpremiums n/a · 670 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 78 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 157 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 670 covered
Brokers & agents paid · 20242
S. S. NESBITT & COMPANY - BIRMINGHA$4,947
VALENT GROUP, LLC$14,975 · incl $14,975 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630799531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.