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