Plan Ledger DOL Form 5500 · updated monthly

Dmg, Inc. dba Malloy Electricbenefits

Dmg, Inc. Employee Premium Conversion Cafeteria Plan and Trust Agreement · SIOUX FALLS, SD · plan year 2024

Broker compensation reported · 2024
$54,367

Dmg, Inc. dba Malloy Electric's benefits plans covered 174 active participants in 2024, providing health · dental · vision · other. Insurance brokers and agents were paid $54,367 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $312 per covered person, above the median for employer plans that report broker pay. Broker pay rose 105% from $26,565 in 2023.

Insurance contracts · 20244
SANFORD HEALTH PLAN · healthpremiums n/a · 247 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 45 covered
AMERICAN FAMILY LIFE ASSURANCE COMPANY OF COLUMBUS · visionpremiums n/a · 234 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 116 covered
Brokers & agents paid · 20248
GRANT AARON HOUWMAN$34,121
HOUWMAN INSURANCE & COMPANIES INC$7,250
GRANT A HOUWMAN$2,855
MELISSA BECK$2,528
MELISSA J BECK$1,992
AWS INC$1,167
JAMI GATES$1,504
17 individual agents · names withheld$2,950

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460311385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.