Plan Ledger DOL Form 5500 · updated monthly

Safford Automotive Groupbenefits

Safford Automotive Welfare Benefit Plan · FREDERICKSBURG, VA · plan year 2024

Broker compensation reported · 2024
$139,221

Safford Automotive Group's benefits plans covered 1,307 active participants in 2024, providing health · life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $139,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.2% from $142,302 in 2023.

Insurance contracts · 20242
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 1,307 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · lifepremiums n/a · 1,307 covered
Brokers & agents paid · 20243
DANNY R. OSTER$98,058
WANADA BUSINESS SERVICES$41,000
Also brokered by Danny R. Oster2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260016920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.