Plan Ledger DOL Form 5500 · updated monthly

Gus Machado Ford, Inc.benefits

Gus Machado Ford Health and Welfare Plan · HIALEAH, FL · plan year 2024

Broker compensation reported · 2024
$36,211

Gus Machado Ford, Inc.'s benefits plans covered 112 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $36,211 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $323 per covered person, above the median for employer plans that report broker pay. Broker pay fell 24% from $47,786 in 2023.

Insurance contracts · 20242
TRANSAMERICA INSURANCE COMPANY · healthpremiums n/a · 41 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision std hmo ppopremiums n/a · 85 covered
Brokers & agents paid · 20243
AMWINS GROUP BENEFITS, LLC$2,602 · incl $2,602 fees
WEB TPA$2,068 · incl $2,068 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592336101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.