Plan Ledger DOL Form 5500 · updated monthly

Mgic Investment Corporationbenefits

Mgic Flexible Benefits Plan · MILWAUKEE, WI · plan year 2024

Broker compensation reported · 2024
$9,673

Mgic Investment Corporation's benefits plans covered 576 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $9,673 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.2% from $10,418 in 2023.

Insurance contracts · 20243
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 558 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 172 covered
SWISS RE CORPORATE SOLUTIONS AMERICA INS. CORP. · stop-losspremiums n/a · 673 covered
Brokers & agents paid · 20241
WILLIS TOWERS WATSON US LLC$9,673 · incl $9,673 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Vca Inc. CA$4,086,268

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 391486475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.