Archer Malmo, Inc.benefits
Archer Malmo Welfare Plan · MEMPHIS, TN · plan year 2024
Broker compensation reported · 2024
$187,238
Archer Malmo, Inc.'s benefits plans covered 157 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $187,238 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,193 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.7x the $50,389 reported for 2023.
Insurance contracts · 20244
CIGNA · health dental visionpremiums n/a · 157 covered
CIGNA · health dental visionpremiums n/a · 133 covered
CIGNA · health dental visionpremiums n/a · 145 covered
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health dental visionpremiums n/a · 139 covered
Brokers & agents paid · 20243
CLAY & LAND INSURANCE$159,111 · incl $159,111 fees
MARY L DUNAWAY$7,660
MARY DUNAWAY$20,467
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621843002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.