Plan Ledger DOL Form 5500 · updated monthly

Magnum Insurance Agency Inc.benefits

Magnum Insurance Agency Employee Benefits Plan · DES PLAINES, IL · plan year 2024

Broker compensation reported · 2024
$73,655

Magnum Insurance Agency Inc.'s benefits plan covered 99 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $73,655 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $744 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20243
UNITED OF OMAHA LIFE INSURANCE COMPANY · life stdpremiums n/a · 99 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 195 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 100 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$72,481 · incl $7,246 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363126845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.