Plan Ledger DOL Form 5500 · updated monthly

Master Technology Groupbenefits

Master Technology Group Welfare Benefit Plan · EDEN PRAIRIE, MN · plan year 2025

Broker compensation reported · 2025
$20,688

Master Technology Group's benefits plans covered 117 active participants in 2025, providing life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $67,538. Insurance brokers and agents were paid $20,688 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.6% of premiums. That is $177 per covered person, below the median for employer plans that report broker pay. Broker pay fell 78% from $92,784 in 2024.

Insurance contracts · 20252
STANDARD INSURANCE COMPANY · life std ltd$68K · 117 covered
HEALTHPARTNERS INSURANCE COMPANY · dentalpremiums n/a · 257 covered
Brokers & agents paid · 20251
USI INSURANCE SERVICES LLC$20,688 · incl $28 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 364583015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.