Plan Ledger DOL Form 5500 · updated monthly

M. T. Laney Company, Inc.benefits

M. T. Laney Company, Inc. Wrap Benefit Plan · ELDERSBURG, MD · plan year 2024

Broker compensation reported · 2024
$133,872

M. T. Laney Company, Inc.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $133,872 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,164 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 154% from $52,804 in 2023.

Insurance contracts · 20246
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 184 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 10 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 10 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 194 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 90 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 12 covered
Brokers & agents paid · 202413
THE MELTZER GROUP INC$55,007 · incl $3,811 fees
KELLY & ASSOCIATES INS GROUP INC$19,704 · incl $19,704 fees
MID ATLANTIC BENEFITS GROUP LLC$4,016
JAMES R. NELLIGAN$2,062
BOON CHAPMAN BENEFIT ADMINISTRATORS$1,724 · incl $345 fees
THE MELTZER GROUP, INC$1,610 · incl $17 fees
THE MELTZER GROUP$1,148 · incl $135 fees
ALTERITY BROKER SOLUTIONS, INC.$983
GIS BENEFITS$338 · incl $338 fees
BOON CHAPMAN, INC.$338 · incl $338 fees
GIS BENEFITS INC$118 · incl $118 fees
FINANCIAL BALANCE GROUP, LLC$51
Also brokered by The Meltzer Group Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522031565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.