Plan Ledger DOL Form 5500 · updated monthly

Foundation Software, LLCbenefits

Foundation Software, LLC & Affiliates Health & Welfare Benefits Plan · STRONGSVILLE, OH · plan year 2025

Broker compensation reported · 2025
$299,769

Foundation Software, LLC's benefits plans covered 420 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,285,193. Insurance brokers and agents were paid $299,769 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $714 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.2% from $290,417 in 2024.

Insurance contracts · 20257
MEDICAL MUTUAL OF OHIO · health$6.0M · 399 covered
DELTA DENTAL OF OHIO · dental$277K · 804 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 501 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 499 covered
VISION SERVICE PLAN · visionpremiums n/a · 365 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 500 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 217 covered
Brokers & agents paid · 20252
MAGIS ADVISORY GROUP LLC$272,054 · incl $89,470 fees
DMC BENEFITS INC$27,715 · incl $14,173 fees
Also brokered by Magis Advisory Group LLC3

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 341474815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.