Plan Ledger DOL Form 5500 · updated monthly

Magic City Motor Corporationbenefits

Magic City Motor Corporation Welfare Benefit Plan · ROANOKE, VA · plan year 2024

Broker compensation reported · 2024
$45,311

Magic City Motor Corporation's benefits plans covered 136 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $45,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $333 per covered person, above the median for employer plans that report broker pay. Broker pay fell 26% from $61,282 in 2023.

Insurance contracts · 202410
DELTA DENTAL OF VIRGINIA · dentalpremiums n/a · 112 covered
AMERITAS LIFE INSURANCE CORP · visionpremiums n/a · 140 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 45 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 179 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 38 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 1 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 23 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 17 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 24 covered
SENTARA HEALTH PLAN · healthpremiums n/a · 1 covered
Brokers & agents paid · 20248
INSURANCE SERVICES INC$18,009
MARSH AND MCLENNAN AGENCY LLC$8,244 · incl $8,244 fees
INSURANCE SERVICES INC.$5,049
MCGRIFF INSURANCE SERVICES LLC$6,692 · incl $434 fees
12 individual agents · names withheld$349

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540290231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.