Plan Ledger DOL Form 5500 · updated monthly

Marcum Advisory Group LLCbenefits

Marcum Advisory Group Benefit Plan · MELVILLE, NY · plan year 2024

Broker compensation reported · 2024
$486,245

Marcum Advisory Group LLC's benefits plan covered 3,249 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $210,102. Insurance brokers and agents were paid $486,245 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 231.4% of premiums. That is $150 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 202411
VISION SERVICE PLAN · vision$210K · 1,195 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 877 covered
METLIFE LEGAL PLANSpremiums n/a · 240 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 2,266 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 63 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 25 covered
LINCOLN LIFE & ANNUITY COMPANY · lifepremiums n/a · 3,279 covered
LINCOLN LIFE & ANNUITY COMPANY · ltdpremiums n/a · 3,524 covered
LINCOLN LIFE & ANNUITY COMPANY · stdpremiums n/a · 3,279 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 846 covered
TRUSTMARK INSURANCE COMPANY · lifepremiums n/a · 170 covered
Brokers & agents paid · 20247
MANAGEMENT COMPENSATION GROUP, SE$198,048
LTCI PARTNERS$34,481
NFP INSURANCE SERIVCES$6,990 · incl $6,990 fees
NFP CORPORATE SERVICES (NY) LLC$19,737 · incl $16,400 fees
NFP CORPORATE SERVICES NY LLC$226,654 · incl $13,503 fees
AGS BENEFITS GROUP LLC$276 · incl $276 fees
NFP CORPORATE SERVICE NY LLC$59 · incl $59 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 881478669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.