Plan Ledger DOL Form 5500 · updated monthly

Msc Development, Inc.benefits

Msc Development, Inc. Welfare Plan · MATTHEWS, NC · plan year 2024

Broker compensation reported · 2024
$100,729

Msc Development, Inc.'s benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $157,323. Insurance brokers and agents were paid $100,729 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.0% of premiums. That is $432 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 99% from $50,583 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF NORTH CAROLINA · dental vision$157K · 268 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 246 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 241 covered
CURALINC LLCpremiums n/a · 430 covered
Brokers & agents paid · 20245
DIGITAL INSURANCE$46,028 · incl $44,943 fees
LOCKTON COMPANIES, LLC$29,036 · incl $21,384 fees
Also brokered by Digital Insurance5
Axient, LLC AL$278,191

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562115711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.