Plan Ledger DOL Form 5500 · updated monthly

Morningstar Senior Management, LLCbenefits

Morningstar Senior Management, LLC Welfare Benefit Plan · ENGLEWOOD, CO · plan year 2025

Broker compensation reported · 2025
$219,183

Morningstar Senior Management, LLC's benefits plans covered 2,344 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $219,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $94 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $198,037 in 2024.

Insurance contracts · 20252
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 2,344 covered
TELADOC HEALTH, INC.premiums n/a · 1,171 covered
Brokers & agents paid · 20253
PROPEL INSURANCE AGENCY, LLC$129,635
JENNINGS INSURANCE SERVICES$46,169
ALERA GROUP, INC.$43,379 · incl $43,379 fees
Also brokered by Propel Insurance Agency, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 203561128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.