Marketing Associates, LLC dba Onemagnify, LLCbenefits
One Magnify Welfare Benefit Plan · DETROIT, MI · plan year 2024
Marketing Associates, LLC dba Onemagnify, LLC's benefits plans covered 552 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,301,531. Insurance brokers and agents were paid $104,365 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $189 per covered person, above the median for employer plans that report broker pay. Broker pay rose 65% from $63,252 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383585641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.