Plan Ledger DOL Form 5500 · updated monthly

Martin Inc,benefits

Welfare Plan of Martin Supply Inc · FLORENCE, AL · plan year 2023

Broker compensation reported · 2023
$45,406

Martin Inc,'s benefits plan covered 318 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $45,406 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $143 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20233
AFLAC · stdpremiums n/a · 27 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 401 covered
BERKLEY LIFE AND HEALTH INSURANCE COMPANY · stop-losspremiums n/a · 320 covered
Brokers & agents paid · 20237
MARSH & MCLENNAN AGENCY LLC$42,783 · incl $8,020 fees
SAIC INC,$186
ENROLLMENT SPECIALIST PA,$170
E SPEED INC$154
R AND L SUPPLEMENTAL BENEFITS INC$96
C HEWITT INC$18
34 individual agents · names withheld$1,999

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.

Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 630397501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.