Plan Ledger DOL Form 5500 · updated monthly

Branch Financial, Inc.benefits

Branch Financial, Inc. Health and Welfare Plan · COLUMBUS, OH · plan year 2023

Broker compensation reported · 2023
$368,549

Branch Financial, Inc.'s benefits plan covered 433 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $368,549 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $851 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20232
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 512 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 433 covered
Brokers & agents paid · 20232
USI INSURANCE SERVICES LLC$311,488 · incl $22,721 fees
EXPLAIN MY BENEFITS LLC$57,061
Also brokered by Usi5
Bronco Wine Company CA$1,411,592

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 820628587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.