Plan Ledger DOL Form 5500 · updated monthly

Gulf Reserve LLCbenefits

Gulf Reserve LLC Health and Welfare Plan · GARDEN CITY, NY · plan year 2024

Broker compensation reported · 2024
$37,896

Gulf Reserve LLC's benefits plans covered 395 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $37,896 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $96 per covered person, below the median for employer plans that report broker pay. Broker pay fell 20% from $47,119 in 2023.

Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 261 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 395 covered
Brokers & agents paid · 20242
SPETNER ASSOCIATES, INC.$25,526 · incl $3,251 fees
GIS BENEFITS, INC.$12,370 · incl $3,022 fees
Also brokered by Spetner Associates, Inc.5
Pctel, Inc. IL$26,372

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 880918246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.