Plan Ledger DOL Form 5500 · updated monthly

Momentum Textiles, LLCbenefits

Momentum Group Welfare Benefit Plan · IRVINE, CA · plan year 2024

Broker compensation reported · 2024
$56,359

Momentum Textiles, LLC's benefits plans covered 251 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $56,359 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $225 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.7% from $54,352 in 2023.

Insurance contracts · 20241
GUARDIAN · dental vision life std ltdpremiums n/a · 251 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES LLC$56,359 · incl $5,600 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330580411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.