Plan Ledger DOL Form 5500 · updated monthly

Modern Woodmen of Americabenefits

Modern Woodmen of America Welfare Benefit Plan · ROCK ISLAND, IL · plan year 2024

Broker compensation reported · 2024
$56,929

Modern Woodmen of America's benefits plans covered 1,248 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $382,029. Insurance brokers and agents were paid $56,929 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.9% of premiums. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $67,669 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · vision ltd$222K · 734 covered
STANDARD INSURANCE COMPANY · ltd$160K · 243 covered
UNITED HEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 354 covered
Brokers & agents paid · 20245
USI INSURANCE SERVICES LLC$37,079 · incl $7,162 fees
HODGES-MACE BENEFITS GROUP, INC.$8,374 · incl $8,374 fees
MWAGIA, INC.$1,100
HUB INTERNATIONAL IOWA LLC$311 · incl $78 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 361493430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.