Plan Ledger DOL Form 5500 · updated monthly

Medical Development Corporationbenefits

Medical Development Corp. Welfare Benefit Plan · DUNWOODY, GA · plan year 2023

Broker compensation reported · 2023
$3,714

Medical Development Corporation's benefits plan covered 147 active participants in 2023, providing health · life · dental · death benefits. Insurance brokers and agents were paid $3,714 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $25 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20231
PRINCIPAL LIFE INSURANCE COMPANY · visionpremiums n/a · 201 covered
Brokers & agents paid · 20232
MCGRIFF INSURANCE SERVICES INC$2,101 · incl $169 fees
GIS BENEFITS INC$1,613 · incl $808 fees
Also brokered by McGriff5
Peco Foods, Inc. AL$1,397,496

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 581810394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.