Magnolia Capital Management Company, Inc.benefits
Magnolia Capital Management Company, Inc. Health and Welfare Benefit Plan · CHICAGO, IL · plan year 2024
Magnolia Capital Management Company, Inc.'s benefits plans covered 276 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $131,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $476 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $117,333 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 813604920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.