Plan Ledger DOL Form 5500 · updated monthly

Mhnu Corporation dba Medical Home Networkbenefits

Mhnu Corporation Welfare Benefit Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$78,358

Mhnu Corporation dba Medical Home Network's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $157,641. Insurance brokers and agents were paid $78,358 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 49.7% of premiums. That is $726 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.5% from $86,605 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · std$62K · 104 covered
STANDARD INSURANCE COMPANY · life$56K · 104 covered
STANDARD INSURANCE COMPANY · ltd$40K · 104 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 188 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 85 covered
Brokers & agents paid · 20245
GCG FINANCIAL, LLC$59,559 · incl $5,464 fees
FLEXIBLE BENEFIT SERVICE$1,924
Also brokered by Gcg Financial, LLC5
G2 Crowd Inc. IL$236,097

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 800445929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.