Plan Ledger DOL Form 5500 · updated monthly

Employee Benefit Leasing, Inc.benefits

Employee Benefit Leasing LLC dba Westland Construction Inc Benefit Plan · OREM, UT · plan year 2025

Broker compensation reported · 2025
$22,580

Employee Benefit Leasing, Inc.'s benefits plans covered 228 active participants in 2025, providing life · vision · short-term disability · long-term disability. Insurance premiums totaled $158,673. Insurance brokers and agents were paid $22,580 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.5% from $22,026 in 2024.

Insurance contracts · 20253
STANDARD INSURANCE COMPANY · life std ltd$159K · 228 covered
ASSURITY LIFE INSURANCE COMPANY · lifepremiums n/a · 77 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 228 covered
Brokers & agents paid · 20251
GBS BENEFITS INC$22,580 · incl $7,414 fees
Also brokered by Gbs Benefits Inc5
Bamboo HR, LLC UT$273,419
Woodgrain Inc. ID$193,829

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 270016253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.