Plan Ledger DOL Form 5500 · updated monthly

Gale Banks Engineeringbenefits

Gale Banks Engineering Welfare Benefits Plan · AZUSA, CA · plan year 2024

Broker compensation reported · 2024
$67,418

Gale Banks Engineering's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $67,418 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $482 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $60,575 in 2023.

Insurance contracts · 20242
BLUE CROSS OF CALIFORNIA · health drug dental vision hmo ppopremiums n/a · 180 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 140 covered
Brokers & agents paid · 20242
HUB INTERNATIONAL INS. SVCS., INC.$66,345 · incl $7,785 fees
HUB INTERNATIONAL MIDWEST LIMITED$1,073 · incl $1,073 fees
Also brokered by HUB International5
Autozone, Inc. TN$4,329,860
Aspen HR Peo, LLC FL$3,007,524

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952687960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.