Margolis Edelsteinbenefits
Margolis Edelstein Employee Benefit Plan · PHILADELPHIA, PA · plan year 2023
Broker compensation reported · 2023
$96,819
Margolis Edelstein's benefits plan covered 285 active participants in 2023, providing health · life · dental · long-term disability · other. Insurance premiums totaled $583,804. Insurance brokers and agents were paid $96,819 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.6% of premiums. That is $340 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20233
GERBER · health drug stop-loss$279K · 285 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltd$222K · 168 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental$82K · 127 covered
Brokers & agents paid · 20234
HEALTHNOW ADMINISTRATIVE SERVICES$73,340 · incl $73,340 fees
KISTLER TIFFANY BENEFITS$14,180 · incl $5,146 fees
ALPHA BENEFITS GROUP, INC$5,767
BROWN & BROWN$3,532 · incl $3,532 fees
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 232049922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.