F40 LLC, McSbenefits
F40, LLC · SAN JUAN, PR · plan year 2023
Broker compensation reported · 2023
$47,549
F40 LLC, McS's benefits plans covered 183 active participants in 2023, providing life. Insurance premiums totaled $876,605. Insurance brokers and agents were paid $47,549 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $260 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
MCS LIFE INSURANCE COMPANY · health ppo$647K · 183 covered
MCS LIFE INSURANCE COMPANY · health ppo$230K · 181 covered
Brokers & agents paid · 20234
OLYMPIC AGENCY$20,796
IKON INSURANCE$11,367
COVERISQ LLC$11,227
CGF INSURANCE$4,159 · incl $4,159 fees
Also brokered by Olympic Agency1
F40 LLC, Vida PR$3,010
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 660979366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.