Plan Ledger DOL Form 5500 · updated monthly

Gulfstream Services, Inc.benefits

Gulfstream Services, Inc. - Health & Welfare Plan · HOUMA, LA · plan year 2024

Broker compensation reported · 2024
$82,160

Gulfstream Services, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,117,221. Insurance brokers and agents were paid $82,160 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $747 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 7.0% from $88,343 in 2023.

Insurance contracts · 20246
BLUE CROSS AND BLUE SHIELD OF LOUISIANA · health$1.1M · 250 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 96 covered
MERITAIN HEALTH · dentalpremiums n/a · 112 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 96 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 103 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 97 covered
Brokers & agents paid · 20243
PAUL'S AGENCY, LLC$74,283 · incl $22,570 fees
MERITAIN HEALTH$4,726 · incl $4,726 fees
CRESCENT DENTAL PLAN$3,151 · incl $3,151 fees
Also brokered by Paul's Agency, LLC2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 720851502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.