Form 5500 · Employee benefit plan · DEERFIELD, IL
BANNER PROPERTY MANAGEMENT, LLC
BANNER PROPERTY MANAGEMENT, LLC of DEERFIELD, IL spreads its employee benefits across 3 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is GALLAGHER BENEFIT SERVICES, INC.. Coverage is written through BLUE CROSS BLUE SHIELD OF ILLINOIS and 2 other carriers. The plan's most recent policy period ended in September.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 20-1342591 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 4 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS BLUE SHIELD OF ILLINOIS, covers 216 people.
Reported premium across the insured contracts is $1,624,162, with $72,861 in disclosed broker commissions — about 4.5% of premium.
The health contract's policy period ended in September, while at least one ancillary line renews in December — the plan is on a split renewal cycle.
GALLAGHER BENEFIT SERVICES, INC. is the broker of record on all 4 contracts.
3 carriers appear on the filing — BLUE CROSS BLUE SHIELD OF ILLINOIS, SUN LIFE ASSURANCE COMPANY OF CANADA and FIDELITY SECURITY LIFE INSURANCE COMPANY — with BLUE CROSS BLUE SHIELD OF ILLINOIS writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ILLINOIS | Health | 216 | September | $1,440,834 | $56,649 |
| SUN LIFE ASSURANCE COMPANY OF CANADA | Life, Disability | 86 | September | $96,127 | $9,337 |
| SUN LIFE ASSURANCE COMPANY OF CANADA | Dental | 136 | September | $77,331 | $6,024 |
| FIDELITY SECURITY LIFE INSURANCE COMPANY | Vision | 165 | December | $9,870 | $851 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
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