Plan Ledger DOL Form 5500 · updated monthly

Newport Center Medical Groupbenefits

Newport Center Medical Group 401(K) Profit Sharing Plan · NEWPORT BEACH, CA · plan year 2023

Broker compensation reported · 2023
$12,295

Newport Center Medical Group's benefits plan covered 18 active participants in 2023, providing life. Insurance brokers and agents were paid $12,295 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $683 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY USApremiums n/a · 30 covered
Brokers & agents paid · 20232
MORGAN STANLEY INS SVCS, INC.$9,744
ECONOMIC GROUP PENSION SERVICES, IN$2,551 · incl $2,551 fees

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 330521967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.