Plan Ledger DOL Form 5500 · updated monthly

McLaughlin Gormley King Companybenefits

Mgk Wrap Plan · MINNEAPOLIS, MN · plan year 2025

Broker compensation reported · 2025
$13,732

McLaughlin Gormley King Company's benefits plans covered 145 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $13,732 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.8% from $15,057 in 2024.

Insurance contracts · 20254
VISION SERVICE PLAN · visionpremiums n/a · 147 covered
BENCHMARK INSURANCE COMPANYpremiums n/a · 149 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 145 covered
MEDICA INSURANCE COMPANY · health drugpremiums n/a · 332 covered
Brokers & agents paid · 20251
USI INSURANCE SERVICES LLC$13,732 · incl $7,870 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410403600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.