Plan Ledger DOL Form 5500 · updated monthly

Magotteaux, Inc.benefits

Magotteaux, Inc. Section 125 and Wrap Plan · PULASKI, TN · plan year 2025

Broker compensation reported · 2025
$82,376

Magotteaux, Inc.'s benefits plans covered 170 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $82,376 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $485 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 172% from $30,341 in 2024.

Insurance contracts · 20252
METROPOLITAN LIFE INSURANCE COMPANY · vision life ltdpremiums n/a · 552 covered
VISION SERVICE PLAN · visionpremiums n/a · 110 covered
Brokers & agents paid · 20253
SUMMIT FINANCIAL GROUP, INC.$57,985 · incl $6,897 fees
GIS BENEFITS, INC.$21,714 · incl $3,620 fees
Also brokered by Summit Financial Group, Inc.4

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 341055680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.