The Mallory Groupbenefits
The Mallory Group Health and Welfare Plan · MEMPHIS, TN · plan year 2024
Broker compensation reported · 2024
$46,466
The Mallory Group's benefits plans covered 377 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $46,466 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $123 per covered person, below the median for employer plans that report broker pay. Broker pay fell 15% from $54,611 in 2023.
Insurance contracts · 20244
AETNA LIFE INSURANCE CO. · dental visionpremiums n/a · 490 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 14 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 25 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 437 covered
Brokers & agents paid · 20243
FRENKEL BENEFITS LLC$23,222
EDGEWOOD PARTNERS INSURANCE CENTER$22,919 · incl $157 fees
USI INSURANCE SERVICES LLC$325 · incl $36 fees
Also brokered by Frenkel Benefits LLC2
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620291330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.