Plan Ledger DOL Form 5500 · updated monthly

Marion Environmental Inc.benefits

Marion Environmental Inc. Health and Welfare Plan · CHATTANOOGA, TN · plan year 2024

Broker compensation reported · 2024
$118,372

Marion Environmental Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $2,207,470. Insurance brokers and agents were paid $118,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $688 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 41% from $84,116 in 2023.

Insurance contracts · 20248
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health dental vision$2.2M · 465 covered
USABLE LIFE · lifepremiums n/a · 127 covered
USABLE LIFE · lifepremiums n/a · 181 covered
USABLE LIFEpremiums n/a · 105 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 218 covered
USABLE LIFEpremiums n/a · 140 covered
USABLE LIFEpremiums n/a · 127 covered
Brokers & agents paid · 20246
DAVID BENNETT$48,037
STEPHEN HUNGATE$36,457
KATHERINE LANDERS$9,013
MCGRIFF INSURANCE SERVICES INC.$16,737 · incl $1,546 fees
GROUP INSURANCE SERVICES INC.$7,611
Individual agent · names withheld$517

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621472843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.