Plan Ledger DOL Form 5500 · updated monthly

Mervis Motors, Inc.benefits

Mervis Motors Employee Benefit Plan · RICHMOND, IN · plan year 2024

Broker compensation reported · 2024
$11,969

Mervis Motors, Inc.'s benefits plans covered 145 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $11,969 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay fell 44% from $21,564 in 2023.

Insurance contracts · 20241
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 145 covered
Brokers & agents paid · 20241
SHEPHERD INSURANCE, LLC$11,969
Also brokered by Shepherd Insurance, LLC5
Tc Heartland LLC IN$147,904
Eckart, LLC IN$68,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251145741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.