Plan Ledger DOL Form 5500 · updated monthly

Magneto & Diesel Injector Service, Incbenefits

Magneto and Diesel Injector Service, Inc. dba M&D Distributors Employee Benefits Plan · HUMBLE, TX · plan year 2024

Broker compensation reported · 2024
$123,192

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.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug hmo ppo$1.4M · 361 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 338 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 338 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$117,472 · incl $75,809 fees
EMERSON ROGERS, LLC$5,720 · incl $5,720 fees
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 741502472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.