Plan Ledger DOL Form 5500 · updated monthly

Magnet, LLCbenefits

Magnet, LLC Health and Welfare Benefits Plan · WASHINGTON, MO · plan year 2024

Broker compensation reported · 2024
$12,891

Magnet, LLC's benefits plans covered 464 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $12,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 32% from $9,739 in 2023.

Insurance contracts · 20241
RELIANCE STANDARD LIFE INSURANCE COMPANY · vision life stdpremiums n/a · 464 covered
Brokers & agents paid · 20241
Also brokered by Assuredpartners5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 431794043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.