Plan Ledger DOL Form 5500 · updated monthly

Mmg Insurance Companybenefits

Mmg Insurance Company Flexible and Welfare Benefit Plan · PRESQUE ISLE, ME · plan year 2025

Broker compensation reported · 2025
$88,275

Mmg Insurance Company's benefits plans covered 282 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $258,860. Insurance brokers and agents were paid $88,275 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.1% of premiums. That is $313 per covered person, above the median for employer plans that report broker pay. Broker pay fell 65% from $255,789 in 2024.

Insurance contracts · 20259
STANDARD INSURANCE COMPANY · life$107K · 282 covered
STANDARD INSURANCE COMPANY · std$96K · 275 covered
STANDARD INSURANCE COMPANY · ltd$55K · 282 covered
STANDARD INSURANCE COMPANYpremiums n/a · 118 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · lifepremiums n/a · 7 covered
DELTA DENTAL PLAN OF MAINE · dentalpremiums n/a · 436 covered
LEGALPLANS, USApremiums n/a · 31 covered
ANTHEM HEALTH PLANS OF MAINE, INC. · visionpremiums n/a · 371 covered
Brokers & agents paid · 20254
MERCER HEALTH AND BENEFITS ADMIN$11,967 · incl $77 fees
UKG, INC.$12,607 · incl $12,607 fees
USI INSURANCE SERVICES, LLC$416 · incl $260 fees
Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 010021090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.