Plan Ledger DOL Form 5500 · updated monthly

Magical Beginnings LLCbenefits

Magical Beginnings Inc. Benefit Plan · BEVERLY, MA · plan year 2024

Broker compensation reported · 2024
$62,873

Magical Beginnings LLC's benefits plan covered 278 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $62,873 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $226 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 94 covered
VISION SERVICE PLAN · visionpremiums n/a · 82 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 278 covered
Brokers & agents paid · 20244
USI INSURANCE SERVICES LLC$25,763 · incl $25,373 fees
CROSS INSURANCE WAKEFIELD, INC.$19,098 · incl $19,098 fees
EMERSON ROGERS, LLC$17,657 · incl $17,657 fees
CROSS INSURANCE$355
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 932626027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.