Plan Ledger DOL Form 5500 · updated monthly

Derrick Corporationbenefits

Derrick Corporation Welfare Benefits Plan · BUFFALO, NY · plan year 2024

Broker compensation reported · 2024
$144,305

Derrick Corporation's benefits plans covered 513 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $144,305 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $167,375 in 2023.

Insurance contracts · 20244
HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC. · health drug ppopremiums n/a · 1,145 covered
GUARDIAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 648 covered
THE HARTFORD · life std ltdpremiums n/a · 595 covered
CHUBBpremiums n/a · 656 covered
Brokers & agents paid · 20243
WALSH DUFFIELD CO. INC.$117,715
JAMES R. NELLIGAN & ASSOCIATES, LLC$26,583 · incl $26,583 fees
BMG OF WNY INC.$7

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 160847196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.