Plan Ledger DOL Form 5500 · updated monthly

The McAlear Group, Inc.benefits

The McAlear Group Health and Wellness Plan · MAUMEE, OH · plan year 2024

Broker compensation reported · 2024
$32,738

The McAlear Group, Inc.'s benefits plans covered 413 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $173,282. Insurance brokers and agents were paid $32,738 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.6% from $33,266 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF OHIO · dental$173K · 815 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 413 covered
VISION SERVICE PLAN · visionpremiums n/a · 325 covered
Brokers & agents paid · 20241
SAVAGE & ASSOCIATES INC$32,738 · incl $3,398 fees
Also brokered by Savage & Associates Inc5
HX5 Sierra LLC OH$27,082

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340898426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.