Plan Ledger DOL Form 5500 · updated monthly

Millennium Physician Groupbenefits

Millennium Individual Secured Retirement Plan (Mirsp) · FORT MYERS, FL · plan year 2025

Broker compensation reported · 2025
$198,081

Millennium Physician Group's benefits plan covered 276 active participants in 2025, providing life. Insurance brokers and agents were paid $198,081 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $718 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20251
NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION · lifepremiums n/a · 276 covered
Brokers & agents paid · 20254
WILLIAM E MAHONEY JR$108,178
STEVEN BELCHER$60,907
JASON PALMADESSO$27,930
DOREEN MAHONEY$1,066

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 262909414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.