Magneto & Diesel Injector Service, Incbenefits
Magneto and Diesel Injector Service, Inc. dba M&D Distributors Employee Benefits Plan · HUMBLE, TX · plan year 2024
Magneto & Diesel Injector Service, Inc's benefits plans covered 338 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,358,052. Insurance brokers and agents were paid $123,192 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $364 per covered person, above the median for employer plans that report broker pay. Broker pay fell 43% from $215,913 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741502472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.