Plan Ledger DOL Form 5500 · updated monthly

South Bay Fordbenefits

South Bay Ford Welfare Benefits Plan · HAWTHORNE, CA · plan year 2025

Broker compensation reported · 2025
$94,076

South Bay Ford's benefits plans covered 196 active participants in 2025, providing health · life · dental · vision · other. Insurance brokers and agents were paid $94,076 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $480 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $84,694 in 2024.

Insurance contracts · 20253
BLUE SHIELD OF CALIFORNIA LIFE & HEALTH INSURANCE COMPANY · lifepremiums n/a · 196 covered
AFLACpremiums n/a · 55 covered
CALIFORNIA PHYSICIANS' SERVICE (BLUE SHIELD OF CALIFORNIA) · health drug dental vision hmo ppopremiums n/a · 171 covered
Brokers & agents paid · 20252
VARIOUS - SEE ATTACHED$12,592
CORMANY AND CHUNG, LLC$81,484 · incl $71,444 fees
Also brokered by Various - See Attached5
Thoro Packaging CA$27,645

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 954451497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.