Plan Ledger DOL Form 5500 · updated monthly

The Bms Enterprises, LLCbenefits

Bms Enterprises Employee Benefits Plan · HALTOM CITY, TX · plan year 2024

Broker compensation reported · 2024
$7,179

The Bms Enterprises, LLC's benefits plans covered 1,010 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $7,179 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $7 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 81% from $38,749 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 725 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 1,010 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$5,360 · incl $5,360 fees
LOCKTON SPECIALTIES, LLC$1,819 · incl $1,819 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 751463179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.