Bread Financial Payments, Inc.benefits
Bread Financial Payments, Inc. Master Welfare Benefit Plan for Insured Benefits · COLUMBUS, OH · plan year 2024
Bread Financial Payments, Inc.'s benefits plans covered 4,980 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $479,128 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $96 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $573,562 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133163498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.