Plan Ledger DOL Form 5500 · updated monthly

M. J. Morgan Group, LLCbenefits

M. J. Morgan Group Wrap Benefit Plan · TIMONIUM, MD · plan year 2025

Broker compensation reported · 2025
$27,441

M. J. Morgan Group, LLC's benefits plans covered 324 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $27,441 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $85 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $31,213 in 2024.

Insurance contracts · 20257
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 59 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 59 covered
CAREFIRST OF MARYLAND, INC. · health drug dental visionpremiums n/a · 47 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 59 covered
COMPANION LIFE INSURANCE COMPANY · dental vision life stdpremiums n/a · 63 covered
STRATEGIC BEACON RISK STRATEGIES, LLC · stop-losspremiums n/a · 285 covered
Brokers & agents paid · 20253
SEE ATTACHED$4,536 · incl $1,696 fees
MARSH & MCLENNAN AGENCY LLC$22,718 · incl $15,687 fees
Also brokered by See Attached5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 680621988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.