Plan Ledger DOL Form 5500 · updated monthly

Master Magnetics, Inc.benefits

Master Magnetics, Inc. Life and Ad&D Plan · CASTLE ROCK, CO · plan year 2023

Broker compensation reported · 2023
$2,396

Master Magnetics, Inc.'s benefits plan covered 96 active participants in 2023, providing life · other. Insurance brokers and agents were paid $2,396 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $25 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20231
AMERICAN UNITED LIFE INSURANCE COMPANY · lifepremiums n/a · 93 covered
Brokers & agents paid · 20231
GERALD L LUKTON COMPANY$2,396

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 840715559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.