Plan Ledger DOL Form 5500 · updated monthly

MAGNA5 Holdings, LLCbenefits

MAGNA5 Holdings LLC Employee Benefits Plan · CANONSBURG, PA · plan year 2024

Previously filed as MAGNA5 Holdings LLC. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$102,969

MAGNA5 Holdings, LLC's benefits plans covered 250 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $102,969 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $412 per covered person, above the median for employer plans that report broker pay. Broker pay rose 16% from $89,097 in 2023.

Insurance contracts · 20243
HIGHMARK INC. · health drug dental visionpremiums n/a · 311 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 257 covered
SYMETRA LIFE INSURANCE COMPANY · healthpremiums n/a · 179 covered
Brokers & agents paid · 20243
ST JOHN, GORDON W$83,812
PENTRA LLC$18,227 · incl $2,789 fees
NATIONAL BENEFITS CENTER LLC$930 · incl $930 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472618283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.