Plan Ledger DOL Form 5500 · updated monthly

Magnum Technical Services, Inc.benefits

Magnum Technical Services, Inc. Health and Welfare Benefits Plan · HOUSTON, TX · plan year 2025

Broker compensation reported · 2025
$93,753

Magnum Technical Services, Inc.'s benefits plans covered 156 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $93,753 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $601 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $78,912 in 2024.

Insurance contracts · 20252
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dental visionpremiums n/a · 107 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 156 covered
Brokers & agents paid · 20252
BROWN & BROWN INSURANCE SVCS., INC.$93,730 · incl $50,163 fees
IMG$23 · incl $23 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 742953381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.