Plan Ledger DOL Form 5500 · updated monthly

Buchanan Automotive, Inc.benefits

Buchanan Automotive, Inc. Group Health Plan · WAYNESBORO, PA · plan year 2024

Broker compensation reported · 2024
$7,148

Buchanan Automotive, Inc.'s benefits plans covered 70 active participants in 2024, providing health · life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $7,148 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $102 per covered person, below the median for employer plans that report broker pay. Broker pay rose 41% from $5,083 in 2023.

Insurance contracts · 20243
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a · 70 covered
AMERICAN FIDELITY ASSURANCE COMPANY · health std ltdpremiums n/a · 51 covered
AMERICAN FIDELITY ASSURANCE COMPANY · std ltdpremiums n/a · 22 covered
Brokers & agents paid · 20242
PENNSYLVANIA AUTO ASSOC INS AGY INC$5,520
AMERICAN FIDELITY ASSURANCE COMPANY$1,628
Also brokered by Pennsylvania Auto Assoc Ins Agy Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 205054809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.