Plan Ledger DOL Form 5500 · updated monthly

Mg Holding Group, LLCbenefits

Mg Holding Group, LLC Welfare Benefits Plan · DORAL, FL · plan year 2024

Broker compensation reported · 2024
$60,462

Mg Holding Group, LLC's benefits plans covered 314 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $737,964. Insurance brokers and agents were paid $60,462 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.4% from $55,757 in 2023.

Insurance contracts · 20242
HEALTH OPTIONS, INC. · health drug hmo$738K · 81 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental vision lifepremiums n/a · 314 covered
Brokers & agents paid · 20243
CENTURY ADVISORY SERVICES$53,982
THE CASON GROUP, INC.$6,456 · incl $6,456 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 470968026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.