Plan Ledger DOL Form 5500 · updated monthly

Mgc, LLCbenefits

Mgc, LLC Welfare Plan · WEST GREENWICH, RI · plan year 2025

Broker compensation reported · 2025
$184,984

Mgc, LLC's benefits plans covered 515 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $184,984 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $359 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.9% from $200,952 in 2024.

Insurance contracts · 20255
BLUE CROSS BLUE SHIELD OF RHODE ISLAND · healthpremiums n/a · 507 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 641 covered
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 1,002 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 386 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 9 covered
Brokers & agents paid · 20258
PETER J. MORAN$79,694 · incl $79,694 fees
AXIA INSURANCE SERVICES, INC.$45,180 · incl $42,912 fees
PETER J MORAN$27,900
AXIA CAPITOL INSURANCE ADVISORS$15,023
PETER MORAN$4,781
AXIA INSURANCE SERVICES INC.$2,576
PETER MORAN - BOR$4,915
AXIA GROUP INSURANCE SERVICES, INC.$4,915

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 920858283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.