Plan Ledger DOL Form 5500 · updated monthly

Magic Valley Electric Coopbenefits

Magic Valley Electric Coop Benefits Plan · MERCEDES, TX · plan year 2023

Broker compensation reported · 2023
$43,958

Magic Valley Electric Coop's benefits plan covered 274 active participants in 2023, providing health · dental · vision · other. Insurance brokers and agents were paid $43,958 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $160 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20232
VISION SERVICE PLAN · visionpremiums n/a · 175 covered
AFLACpremiums n/a · 204 covered
Brokers & agents paid · 202310
MARY BOYD INSURANCE AGENCY$9,627 · incl $4 fees
HOLLY JO GARCIA$8,997 · incl $18 fees
KATHY JOHNSON$6,612 · incl $5 fees
BERTHA ORDAZ$2,794
MEGAN L GONZALEZ$2,607 · incl $4 fees
JAMES R BLACKBURN$2,175
SANDRA SMITH$2,044
VERONICA LIZCANO$1,755
BENEFITS AT WORK LLC$1,382
25 individual agents · names withheld$5,965

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 2023, EIN 740758801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.