Plan Ledger DOL Form 5500 · updated monthly

Madison Industrial Solutionsbenefits

Madison Industrial Solutions · IRWIN, PA · plan year 2024

Broker compensation reported · 2024
$71,618

Madison Industrial Solutions's benefits plans covered 107 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $71,618 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $669 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 36% from $111,882 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · health drugpremiums n/a · 165 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 281 covered
Brokers & agents paid · 20241
HOLMES MURPHY AND ASSOCIATES, LLC$71,618 · incl $1,549 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472282126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.