Plan Ledger DOL Form 5500 · updated monthly

Medallion Financial Corpbenefits

Medallion Financial Corp Employee Benefits Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$60,196

Medallion Financial Corp's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $60,196 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $358 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $51,355 in 2023.

Insurance contracts · 20241
GUARDIAN · dental vision life std ltdpremiums n/a · 171 covered
Brokers & agents paid · 20242
DIGITAL INSURANCE LLC$43,195 · incl $18,321 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043291176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.