The Mil Corporationbenefits
The Mil Corporation Employee Benefits Plan · BOWIE, MD · plan year 2024
Broker compensation reported · 2024
$110,940
The Mil Corporation's benefits plans covered 804 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $110,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 83% from $60,546 in 2023.
Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 804 covered
UNUM INSURANCE COMPANYpremiums n/a · 75 covered
Brokers & agents paid · 20242
HOWARD W PHILLIPS CO$105,966 · incl $15,016 fees
HOWARD W PHILLIPS & COMPANY$4,974 · incl $313 fees
Also brokered by Howard W Phillips Co2
Am Pierce & Associates, Inc. MD$36,986
Power Component Systems, Inc. MD$13,170
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521185063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.