Plan Ledger DOL Form 5500 · updated monthly

Farrell/Berglund Companiesbenefits

Berglund Management Group Inc · ROANOKE, VA · plan year 2024

Broker compensation reported · 2024
$109,649

Farrell/Berglund Companies's benefits plans covered 534 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $109,649 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $205 per covered person, above the median for employer plans that report broker pay. Broker pay rose 150% from $43,933 in 2023.

Insurance contracts · 20246
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 534 covered
LINCOLN NATIONAL LIFE INSURANCE COpremiums n/a · 161 covered
LINCOLN NATIONAL LIFE INSURANCE COpremiums n/a · 100 covered
LINCOLN NATIONAL LIFE INSURANCE CO · lifepremiums n/a · 177 covered
LINCOLN NATIONAL LIFE INSURANCE CO · ltdpremiums n/a · 129 covered
LINCOLN NATIONAL LIFE INSURANCE CO · stdpremiums n/a · 173 covered
Brokers & agents paid · 20242
THE HILB GROUP OF MARYLAND LLC$95,335 · incl $21,697 fees
HILB GROUP OF MARYLAND LLC$14,314
Also brokered by The Hilb Group of Maryland LLC5
Qps, LLC DE$193,596

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540918408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.