Plan Ledger DOL Form 5500 · updated monthly

Morgan Corpbenefits

The Morgan Corp Employee Benefit Plan · DUNCAN, SC · plan year 2024

Broker compensation reported · 2024
$217,172

Morgan Corp's benefits plans covered 732 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $217,172 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $297 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.0% from $235,995 in 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 1,262 covered
COMMUNITY EYE CARE · visionpremiums n/a · 749 covered
MCLAUGHLIN YOUNG EMPLOYEE SERVICES, INC.premiums n/a · 685 covered
Brokers & agents paid · 20249
USI INSURANCE SERVICES LLC$92,260 · incl $5,419 fees
ELAINE STUBLEY$68,512 · incl $1,199 fees
4MYBENEFITS, INC.$35,674 · incl $35,674 fees
CAMBRIDGE FINANCIAL & INSURANCE GRO$7,937
ADVANCED BENEFIT SYSTEM, INC.$5,551 · incl $2,321 fees
PLANSOURCE BENEFITS ADMIN, INC.$4,337
MARSHA ADAMS LANDRETH$1,021
JANICE A. SMITH AND OTHER AGENTS$620
2 individual agents · names withheld$1,260

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Usi5
The Faison Center VA$1,640,677

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570523479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.