Plan Ledger DOL Form 5500 · updated monthly

Buffalo Medical Group, P.C.benefits

Buffalo Medical Group PC Welfare Plan · BUFFALO, NY · plan year 2024

Broker compensation reported · 2024
$11,263

Buffalo Medical Group, P.C.'s benefits plans covered 683 active participants in 2024, providing health · life · short-term disability · long-term disability. Insurance premiums totaled $6,277,338. Insurance brokers and agents were paid $11,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 58% from $26,610 in 2023.

Insurance contracts · 20249
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY · life std ltd$6.3M · 341 covered
THE PAUL REVERE LIFE INSURANCE COMPANY · ltdpremiums n/a · 1 covered
PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY · ltdpremiums n/a · 6 covered
PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY · ltdpremiums n/a · 48 covered
PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY · ltdpremiums n/a · 64 covered
INDEPENDENT HEALTH · health ppopremiums n/a · 499 covered
UNITEDHEALTHCARE · healthpremiums n/a · 797 covered
HARTFORD LIFE COMPANYpremiums n/a · 176 covered
THE PAUL REVERE LIFE INSURANCE COMPANY · ltdpremiums n/a · 25 covered
Brokers & agents paid · 202413
CARRIE A FAHEY$2,711
ASSUREDPARTNERS NORTHEAST LLC$3,938
LAWLEY LLC$2,724 · incl $2,458 fees
SIGNATOR INSURANCE AGENCY INC$190
BUFLIFE AGENCY INC$159 · incl $73 fees
ROBERT F FAHEY$1,168
SPECIFIC SOLUTIONS INC$86
JOHN T BARTON CLU & ASSOCIATES$86
DESMON & KOHNSTAMM INC$86
NEW ENGLAND LIFE INSURANCE CO$36
MJB FINANCIAL SERVICES, INC.$26
PLANNED BENEFITS INC$1
2 individual agents · names withheld$52

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161000580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.