Plan Ledger DOL Form 5500 · updated monthly

Mgd, Inc.benefits

Mgd Inc. dba the Garibaldi Company Health and Welfare Benefits Plan · STOCKTON, CA · plan year 2025

Broker compensation reported · 2025
$11,484

Mgd, Inc.'s benefits plans covered 168 active participants in 2025, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $11,484 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 71% from $6,735 in 2024.

Insurance contracts · 20252
HUMANA INSURANCE COMPANY · dental vision lifepremiums n/a · 168 covered
SUN LIFE ASSURANCE COMPANY OF CANADApremiums n/a · 47 covered
Brokers & agents paid · 20253
INTERWEST INSURANCE SERVICES, LLC$8,582
DOHRMANN$2,547
ALERA GROUP, INC.$355 · incl $355 fees
Also brokered by Interwest Insurance Services, LLC5
Five Star Bank CA$72,466

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 680348797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.