Magnit Global Solutions, Incbenefits
Magnit Global Solutions, Inc Employee Benefits Plan · JUPITER, FL · plan year 2024
Magnit Global Solutions, Inc's benefits plans covered 6,219 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $40,912,974. Insurance brokers and agents were paid $1,155,310 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $186 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.0% from $1,111,094 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 273835632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.