Plan Ledger DOL Form 5500 · updated monthly

MGM Transformer Companybenefits

MGM Transformer · COMMERCE, CA · plan year 2024

Broker compensation reported · 2024
$1,155

MGM Transformer Company's benefits plan covered 101 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $1,155 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $11 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 135 covered
Brokers & agents paid · 20243
SEQUOIA EMPLOYEE BENEFITS & INS.$590
ANCILLARY INSURANCE SOLUTIONS$295 · incl $295 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 953021610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.