Plan Ledger DOL Form 5500 · updated monthly

Mmr Group, Inc.benefits

Mmr Group, Inc. Employee Benefits Plan · BATON ROUGE, LA · plan year 2024

Broker compensation reported · 2024
$1,467,304

Mmr Group, Inc.'s benefits plans covered 2,772 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,696,865. Insurance brokers and agents were paid $1,467,304 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 86.5% of premiums. That is $529 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.6% from $1,521,820 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · life$742K · 3,969 covered
STANDARD INSURANCE COMPANY · std$692K · 1,711 covered
STANDARD INSURANCE COMPANY · ltd$263K · 877 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 2,873 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 2,819 covered
GRANULAR INSURANCE COMPANY · stop-losspremiums n/a · 2,912 covered
STANDARD INSURANCE COMPANYpremiums n/a · 2,458 covered
Brokers & agents paid · 20244
AGM BENEFITS, AN ALERA GROUP AGENCY$574,065 · incl $28,913 fees
VERASOURCE EXCESS RISK, LTD.$138,469 · incl $138,469 fees
BABCOCK CONSULTING GROUP$133,506
BABCOCK CONSULTING GROUP LLC$621,264 · incl $15,533 fees
Also brokered by Agm Benefits, an Alera Group Agency3
Simonmed AZ$11,516
Awc, Inc. LA$584

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 721271030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.