Plan Ledger DOL Form 5500 · updated monthly

McCann Systemsbenefits

McCann Systems Employee Benefit Plans · EDISON, NJ · plan year 2024

Broker compensation reported · 2024
$208,250

McCann Systems's benefits plans covered 148 active participants in 2024, providing health · life · dental · long-term disability. Insurance brokers and agents were paid $208,250 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,407 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 41% from $147,260 in 2023.

Insurance contracts · 20244
CIGNAHEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 148 covered
CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES · dental visionpremiums n/a · 155 covered
USABLE LIFE · lifepremiums n/a · 182 covered
USABLE LIFE · ltdpremiums n/a · 6 covered
Brokers & agents paid · 20246
KRMG BENEFITS LLC$132,093
AP BENEFIT ADVISORS LLC$57,874 · incl $6,835 fees
KRMG BENEFITS$13,670
AP BENEFITS ADVISORS$2,635
HORIZON INSURANCECOMANY$1,244 · incl $1,244 fees
HORZON INSURANCE COMPANY$734 · incl $734 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223598386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.