Plan Ledger DOL Form 5500 · updated monthly

Magnum, LTDbenefits

Magnum, LTD Employee Benefits Plan · FARGO, ND · plan year 2025

Broker compensation reported · 2025
$376,636

Magnum, LTD's benefits plans covered 1,577 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $376,636 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $239 per covered person, above the median for employer plans that report broker pay. Broker pay fell 36% from $591,139 in 2024.

Insurance contracts · 20258
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,395 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 1,577 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 318 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 568 covered
UNUM INSURANCE COMPANYpremiums n/a · 721 covered
UNUM INSURANCE COMPANYpremiums n/a · 620 covered
UNUM INSURANCE COMPANYpremiums n/a · 483 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 412 covered
Brokers & agents paid · 20256
KEELER & ASSOCIATES$119,933
BUSINESSOLVER INC$30,190
KEELER, SHAWN J$6,714
MARSH & MCLENNAN AGENCY LLC$201,025 · incl $21,442 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450346628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.