Plan Ledger DOL Form 5500 · updated monthly

Jim Burke Fordbenefits

Jim Burke Ford Health and Welfare Plan · BAKERSFIELD, CA · plan year 2025

Broker compensation reported · 2025
$64,615

Jim Burke Ford's benefits plans covered 264 active participants in 2025, providing health · life · dental · short-term disability · death benefits · other. Insurance brokers and agents were paid $64,615 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $245 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.8% from $70,087 in 2024.

Insurance contracts · 20253
BLUE CROSS OF CALIFORNIA · dentalpremiums n/a · 280 covered
SUNLIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 262 covered
COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 192 covered
Brokers & agents paid · 202511
MAGNONE FINANCIAL SERVICES CORP$15,361
CELIFLORA THOMPSON AND OTHER AGENTS$8,251 · incl $1,342 fees
KRISTIN LEASE$4,011 · incl $2,055 fees
ASSUREDPARTNERS OF COLORADO, LLC$8,265
PATRICK LEE CARMICHAEL$2,358 · incl $48 fees
SALVADOR HEREDIA$2,289 · incl $422 fees
ASSUREDPARTNERS OF TEXAS, LLC$15,564 · incl $1,816 fees
COMMERCIAL INSURANCE ASSOCIATES$5,725
JENNIFER GROOT$1,571 · incl $2 fees
ASSUREDPARTNERS NL, LLC$598 · incl $598 fees
Also brokered by Magnone Financial Services Corp1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 952275238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.