Plan Ledger DOL Form 5500 · updated monthly

Ingo Money, Inc.benefits

Ingo Money, Inc. Employee Benefits Plan · ALPHARETTA, GA · plan year 2024

Broker compensation reported · 2024
$133,279

Ingo Money, Inc.'s benefits plans covered 197 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,744,107. Insurance brokers and agents were paid $133,279 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $677 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 9.4% from $121,875 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental vision$1.7M · 175 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 197 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$133,279 · incl $105,789 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582646945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.