Plan Ledger DOL Form 5500 · updated monthly

Morguard Management Company Inc.benefits

Morguard Management Company Inc. Health & Welfare Plan · POMPANO BEACH, FL · plan year 2024

Broker compensation reported · 2024
$225,776

Morguard Management Company Inc.'s benefits plans covered 246 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $225,776 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $918 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 30% from $173,239 in 2023.

Insurance contracts · 20249
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 346 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 333 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 13 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 282 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 245 covered
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 43 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$225,776 · incl $172,052 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 721061630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.