Plan Ledger DOL Form 5500 · updated monthly

Mphasis Corporationbenefits

Mphasis Corporation Medical Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$298,894

Mphasis Corporation's benefits plans covered 2,605 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $298,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $115 per covered person, below the median for employer plans that report broker pay. Broker pay rose 57% from $190,291 in 2023.

Insurance contracts · 20249
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 2,605 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 1,936 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 2,605 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 1,895 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 480 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,605 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 2,323 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 701 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 709 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$100,556 · incl $100,556 fees
MAGUIRE MICHAEL B$89,947
GALLAGHER BENEFIT SERVICES INC$108,391 · incl $14,196 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 954759720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.