Modular Mining Systems, Inc.benefits
Modular Mining Systems, Inc. Employee Benefits Plan · TUCSON, AZ · plan year 2024
Broker compensation reported · 2024
$262,608
Modular Mining Systems, Inc.'s benefits plans covered 356 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $262,608 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $738 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $233,544 in 2023.
Insurance contracts · 202410
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 338 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 259 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 155 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 135 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 388 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 340 covered
FRESHBENIESpremiums n/a · 100 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a
COMPSYCHpremiums n/a · 3,962 covered
COMPSYCHpremiums n/a · 4,313 covered
Brokers & agents paid · 20242
MAGNUSON & ASSOCIATES LTD$193,249 · incl $184,899 fees
MAGNUSON & ASSOCIATES, LTD$69,359
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 860399307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.