Plan Ledger DOL Form 5500 · updated monthly

Magbee Brothers Lumber and Supply Co., Inc.benefits

Magbee Contractors Supply Health and Welfare Plan · WINDER, GA · plan year 2024

Broker compensation reported · 2024
$40,443

Magbee Brothers Lumber and Supply Co., Inc.'s benefits plans covered 196 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $40,443 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $206 per covered person, above the median for employer plans that report broker pay. Broker pay rose 53% from $26,376 in 2023.

Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 196 covered
SIRIUSPOINT SPECIALTY INSURANCE CORPORATION · stop-losspremiums n/a · 128 covered
Brokers & agents paid · 20242
MARSH AND MCLENNAN AGENCY LLC$29,527 · incl $7,519 fees
HIPPAWARE LLC$10,916
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 581761636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.