Plan Ledger DOL Form 5500 · updated monthly

Mfib, LLCbenefits

Mfib, LLC Health and Welfare Plan · SCOTTSDALE, AZ · plan year 2024

Broker compensation reported · 2024
$107,089

Mfib, LLC's benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $107,089 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $817 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.6% from $105,379 in 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 248 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 141 covered
Brokers & agents paid · 20244
M J INSURANCE, INC.$80,918 · incl $75,832 fees
MJ INSURANCE, INC.$13,601 · incl $2,999 fees
GIBSON INSURANCE AGENCY, INC.$9,709 · incl $5,915 fees
THE ULTIMATE SOFTWARE GROUP, INC.$2,861 · incl $2,861 fees
Also brokered by M J Insurance, Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 821997588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.