Plan Ledger DOL Form 5500 · updated monthly

Mac Valves, Inc.benefits

Mac Valves, Inc. Employee Benefits Plan · WIXOM, MI · plan year 2024

Broker compensation reported · 2024
$58,739

Mac Valves, Inc.'s benefits plans covered 416 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $58,739 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $141 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.8% from $55,004 in 2023.

Insurance contracts · 20242
FEDERAL INSURANCE COMPANYpremiums n/a · 416 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 406 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$44,019 · incl $18,220 fees
JAMES R NELLIGAN & ASSOCIATES, LLC$14,720 · incl $14,720 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381292687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.