Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Bakery Drivers Local 802 Welfare Fundbenefits

Bakery Drivers Local 802 Welfare Fund · DEER PARK, NY · plan year 2024

Broker compensation reported · 2024
$1,200,372

Board of Trustees of Bakery Drivers Local 802 Welfare Fund's benefits plans covered 625 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $1,200,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,921 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $1,046,996 in 2023.

Insurance contracts · 20244
LINCOLN LIFE & ANNUITY COMPANY OF NY · lifepremiums n/a · 563 covered
EMBLEM HEALTH · health drugpremiums n/a · 540 covered
GUARDIAN LIFE INSURANCE · dentalpremiums n/a · 566 covered
GENERAL VISION SERVICES · visionpremiums n/a · 1,500 covered
Brokers & agents paid · 20243
CENTERSTONE INSURANCE & FINANCIAL$38,597 · incl $6,681 fees
LENCOR BENEFITS LLC$1,159,122 · incl $385,384 fees
LIDAC EMPLOYEE BENEFIT SOLUTIONS$2,653
Also brokered by Centerstone Insurance & Financial5
Clarest Health VA$113,993
Healthport, Inc MD$24,623

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 516112573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.