Plan Ledger DOL Form 5500 · updated monthly

The Money Source Inc.benefits

The Money Source Inc. Employee Benefits Plan · PHOENIX, AZ · plan year 2023

Broker compensation reported · 2023
$309,731

The Money Source Inc.'s benefits plan covered 585 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,865,309. Insurance brokers and agents were paid $309,731 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $529 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20237
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug vision ppo$3.9M · 585 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 30 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 15 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 21 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 11 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 12 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drugpremiums n/a · 6 covered
Brokers & agents paid · 20234
TMS INSURANCE LLC$275,100
MARSH & MCLENNAN AGENCY LLC$31,241 · incl $7,200 fees

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 113412303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.