Morgan Services, Inc.benefits
Morgan Services, Inc. Employee Benefit Plan · CHICAGO, IL · plan year 2024
Broker compensation reported · 2024
$25,360
Morgan Services, Inc.'s benefits plans covered 374 active participants in 2024, providing health · dental · vision · life · death benefits · short-term disability · long-term disability · other. Insurance brokers and agents were paid $25,360 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.5% from $24,036 in 2023.
Insurance contracts · 20243
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,007 covered
EYEMED VISION CARE · visionpremiums n/a · 521 covered
HARTFORD LIFE AND ACCIDENT INSURANCE COpremiums n/a · 320 covered
Brokers & agents paid · 20241
COTTINGHAM AND BUTLER INS SERVICES$25,360 · incl $7,750 fees
Also brokered by Cottingham and Butler Ins Services5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362904675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.