Plan Ledger DOL Form 5500 · updated monthly

Motor Controls, Inc.benefits

Motor Controls, Inc. Wrap Plan · DALLAS, TX · plan year 2024

Broker compensation reported · 2024
$26,649

Motor Controls, Inc.'s benefits plans covered 417 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $26,649 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 21% from $21,970 in 2023.

Insurance contracts · 20246
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 183 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 62 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 419 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 103 covered
Brokers & agents paid · 20243
HIGGINBOTHAM INSURANCE AGENCY$26,289 · incl $2,338 fees
FIRE FINANCIAL GROUP INC$223
Individual agent · names withheld$137

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 Higginbotham Insurance Agency5
Nksfb, LLC CA$544,618
Destination Pet TX$437,586
Aoc Opco, LLC TX$385,292

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 751725350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.