Plan Ledger DOL Form 5500 · updated monthly

Memorial Motors, Inc.benefits

Memorial Motors Welfare Benefit Plan · LAKELAND, FL · plan year 2024

Broker compensation reported · 2024
$540,271

Memorial Motors, Inc.'s benefits plans covered 2 active participants in 2024, providing health · life · dental · other · short-term disability · long-term disability. Insurance brokers and agents were paid $540,271 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $270,136 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.9x the $136,930 reported for 2023.

Insurance contracts · 20243
UNITED HEALTHCARE INSURANCE COMPANY · dentalpremiums n/a · 1,089 covered
UNITED HEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 1,651 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life stdpremiums n/a · 2,844 covered
Brokers & agents paid · 20243
EXCALIBUR FINANCIAL GROUP$469,655 · incl $53,259 fees
WILLIAM MANNIX$35,312
ROBERT FABRIZIO$35,304
Also brokered by Excalibur Financial Group5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 591602368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.