Plan Ledger DOL Form 5500 · updated monthly

Echelon Supply and Service Inc.benefits

Echelon Supply and Service Inc. Welfare Benefits Plan · LIVERPOOL, NY · plan year 2024

Broker compensation reported · 2024
$95,544

Echelon Supply and Service Inc.'s benefits plans covered 182 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,856,203. Insurance brokers and agents were paid $95,544 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $525 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 17% from $114,764 in 2023.

Insurance contracts · 20243
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.9M · 157 covered
AMERITAS LIFE INSURANCE CORP OF NEW YORK · dental visionpremiums n/a · 182 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · life ltdpremiums n/a · 17 covered
Brokers & agents paid · 20243
BURNHAM FINANCIAL SERVICES$80,966
BURNHAM FINANCIAL AN ALERA GROUP$9,658
DBL GENERAL AGENCY AN ALERA GROUP L$4,920 · incl $4,920 fees
Also brokered by Burnham Financial Services5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161077780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.