Plan Ledger DOL Form 5500 · updated monthly

Mechanical Systems & Services, Inc.benefits

Mechanical Systems & Services, Inc. Health and Welfare Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$51,839

Mechanical Systems & Services, Inc.'s benefits plans covered 699 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $51,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $46,886 in 2023.

Insurance contracts · 20244
COMMUNITY EYE CARE · visionpremiums n/a · 981 covered
COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 121 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 1,297 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 699 covered
Brokers & agents paid · 20244
INSYNC BENEFITS, INC.$29,165 · incl $4,426 fees
USI INSURANCE SERVICES LLC$22,440 · incl $16,647 fees
Z3 ENTERPRISES, INC. AND AGENTS$82
4 individual agents · names withheld$152

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Insync Benefits, Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561973119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.