Plan Ledger DOL Form 5500 · updated monthly

Fay Servicing, LLCbenefits

Fay Servicing Health and Welfare Plan · TAMPA, FL · plan year 2024

Broker compensation reported · 2024
$203,769

Fay Servicing, LLC's benefits plans covered 759 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $203,769 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay rose 91% from $106,447 in 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 614 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 759 covered
VISION SERVICE PLAN · visionpremiums n/a · 572 covered
DELTA DENTAL OF ILLINOIS · dentalpremiums n/a · 624 covered
Brokers & agents paid · 20243
LOCKTON COMPANIES, LLC$168,828 · incl $22,999 fees
LOCKTON SPECIALTIES, LLC$25,406 · incl $25,406 fees
BSP GROUP BENEFITS, INC.$9,535
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 412277737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.