Plan Ledger DOL Form 5500 · updated monthly

McGard LLCbenefits

McGard Group Welfare Plan · ORCHARD PARK, NY · plan year 2024

Broker compensation reported · 2024
$119,889

McGard LLC's benefits plans covered 678 active participants in 2024, providing short-term disability · long-term disability · life. Insurance brokers and agents were paid $119,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $177 per covered person, below the median for employer plans that report broker pay. Broker pay fell 94% from $1,908,861 in 2023.

Insurance contracts · 20243
GUARDIAN · life std ltdpremiums n/a · 678 covered
INDEPENDENT HEALTH · health drugpremiums n/a · 377 covered
GUARDIANpremiums n/a · 668 covered
Brokers & agents paid · 20243
AEBLY AND ASSOC. INS. SVCS., INC.$61,438
AEBLY AND ASSOC INS SERVICES$37,886

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202374195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.