Plan Ledger DOL Form 5500 · updated monthly

Buchanan Timber & Forestry, LLCbenefits

Buchanan Timber Co., Inc Health Care Plan · SELMA, AL · plan year 2024

Broker compensation reported · 2024
$3,273

Buchanan Timber & Forestry, LLC's benefits plans covered 117 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,237,931. Insurance brokers and agents were paid $3,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 56% from $7,426 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF ALABAMA · health drug vision ppo$1.2M · 118 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 36 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES INC.$3,273 · incl $736 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261578671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.