Plan Ledger DOL Form 5500 · updated monthly

Byline Bancorp, Inc.benefits

Byline Bancorp, Inc, Employee Benefit Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$94,467

Byline Bancorp, Inc.'s benefits plans covered 1,054 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $94,467 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay rose 46% from $64,888 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF ILLINOIS · health drug dental hmopremiums n/a · 1,743 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 734 covered
RELIASTAR LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,485 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES, INC.$92,594 · incl $67,053 fees
ADP, INC.$1,503 · incl $1,503 fees
Individual agent · names withheld$370

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.

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 362729588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.