Plan Ledger DOL Form 5500 · updated monthly

Magnet Schultz of America, Inc.benefits

Magnet-Schultz of America, Inc. Life and Disability Plan · WESTMONT, IL · plan year 2025

Broker compensation reported · 2025
$16,068

Magnet Schultz of America, Inc.'s benefits plans covered 128 active participants in 2025, providing life · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $16,068 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $14,571 in 2024.

Insurance contracts · 20251
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 141 covered
Brokers & agents paid · 20252
MARSH & MCLENNAN AGENCY LLC PA$3,464 · incl $3,464 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 363703046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.