Plan Ledger DOL Form 5500 · updated monthly

Martin & Bayley, Inc.benefits

Martin & Bayley Associates Health Care Plan · CARMI, IL · plan year 2024

Broker compensation reported · 2024
$146,393

Martin & Bayley, Inc.'s benefits plans covered 940 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $146,393 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $156 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.8x the $30,266 reported for 2023.

Insurance contracts · 20245
TOKIO MARINE · stop-losspremiums n/a · 317 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 105 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 720 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 180 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · lifepremiums n/a · 940 covered
Brokers & agents paid · 202420
SHEPHERD INSURANCE, LLC$54,719
BRIAN WILLIAM PATTEN$11,852
MS BENEFITS LLC$10,306
DANIEL C HARRIS$8,584
SHEPHERD INSURANCE LLC$25,973 · incl $1,528 fees
SUZANNE LYNNE MCFARLAND$4,881
KYLE REED ELLISON$4,046
AMANDA JENKINS$3,378
MATTHEW RYAN KIRKWOOD$2,322
HEATHER M BARTLEY$2,310
MICHAEL JOSEPH PEPIN$2,189
MARSHA S TALLEY$2,171
MELISSA L COLEMAN$1,988
ZACHARY ROOSEVELT NUGENT$1,916
CATHERINE ANN MCLERNON$1,654
SUSAN LYNN STEVENSON$1,413
HEIDI A HERDMAN$1,232
TIMOTHY ADAM BARR$1,166
STACY RENEA RODGERS$1,018
13 individual agents · names withheld$3,275

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Shepherd Insurance, LLC5
Tc Heartland LLC IN$147,904
Eckart, LLC IN$68,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 370948752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.