Plan Ledger DOL Form 5500 · updated monthly

The Bama Companies, Inc.benefits

The Bama Companies, Inc. Employee Welfare Benefit Plan · TULSA, OK · plan year 2024

Broker compensation reported · 2024
$121,705

The Bama Companies, Inc.'s benefits plans covered 733 active participants in 2024, providing health · dental. Insurance brokers and agents were paid $121,705 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $166 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.2% from $115,719 in 2023.

Insurance contracts · 20242
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 863 covered
VISION SERVICE PLAN · visionpremiums n/a · 652 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$115,224 · incl $5,800 fees
LOCKTON SPECIALTIES, LLC$6,481 · incl $6,481 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730988323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.