Med Advantage, LLCbenefits
Med Advantage, LLC Health & Welfare Plan · BLOOMFIELD, NJ · plan year 2025
Broker compensation reported · 2025
$65,337
Med Advantage, LLC's benefits plans covered 72 active participants in 2025, providing health · dental · vision. Insurance premiums totaled $62,176. Insurance brokers and agents were paid $65,337 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 105.1% of premiums. That is $907 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.7% from $64,249 in 2024.
Insurance contracts · 20253
DELTA DENTAL OF NEW JERSEY, INC · dental$62K · 134 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 254 covered
VISION SERVICE PLAN · visionpremiums n/a · 64 covered
Brokers & agents paid · 20251
JAMES M. MCKENNA$65,337
Also brokered by James M. McKenna1
Stratus Dx, LLC TX$138,064
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 455586938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.