Plan Ledger DOL Form 5500 · updated monthly

Magellan Holdco LLCbenefits

Magellan Holdco LLC Life Plan · CHICAGO, IL · plan year 2025

Broker compensation reported · 2025
$102,472

Magellan Holdco LLC's benefits plans covered 116 active participants in 2025, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $102,472 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $883 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 8.4% from $94,488 in 2024.

Insurance contracts · 20252
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 116 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 219 covered
Brokers & agents paid · 20251
GALLAGHER BENEFIT SERVICES, INC.$102,472 · incl $6,331 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 203840586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.