The McHenry Management Groupbenefits
The McHenry Management Group Employee Benefits Plan · CHESAPEAKE, VA · plan year 2023
Broker compensation reported · 2023
$92,143
The McHenry Management Group's benefits plan covered 225 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $92,143 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $410 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 202312
EYEMED VISION CARE · visionpremiums n/a · 397 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 421 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 225 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 225 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 123 covered
AETNA LIFE INSURANCE COMPANY · health dental vision ppopremiums n/a · 2 covered
LEGAL RESOURCESpremiums n/a · 66 covered
HARTFORD ACCIDENT AND LIFE INSURANCE COMPANY · healthpremiums n/a · 52 covered
ANTHEM HEALTH PLANS OF VIRGINIA, INC. · health ppopremiums n/a · 135 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 16 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 36 covered
Brokers & agents paid · 20236
AMWINS CONNECT ADMINISTRATORS INC$34,062 · incl $3,244 fees
RIGGS COUNSELMAN MICHAELS & DOWNES$4,731
EMPLOYEE BENEFIT SERVICES OF MD IN$1,630 · incl $224 fees
RIGGS, COUNSELMAN, MICHAELS &DOWNES$1,387
EMPLOYEE BENEFT SERVICES OF MD$1,220 · incl $141 fees
EMPLOYEE BENEFIT SERVICES OF MD$49,113 · incl $11,081 fees
Also brokered by Amwins Connect Administrators Inc5
Chesapeake Employers Insurance Company MD$53,253
Multi Dimensional Integration, Inc. PA$28,635
American Service Center Associates, LLC VA$27,436
Casa Inc. MD$22,440
Chapman Cubine Allen & Hussey Inc DC$20,750
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 900344957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.