United Electric Company L.P.benefits
United Electric Company LP dba Magic Aire Health and Welfare Plan · WICHITA FALLS, TX · plan year 2025
Broker compensation reported · 2025
$84,691
United Electric Company L.P.'s benefits plan covered 118 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $84,691 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $718 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20255
HEALTH CARE SERVICE CORPORATION · health dentalpremiums n/a · 152 covered
AMFIRST · healthpremiums n/a
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 95 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 16 covered
Brokers & agents paid · 20254
HIGGINBOTHAM INSURANCE AGENCY, INC$81,567 · incl $2,502 fees
MORGAN WHITE LIMITED$1,506
THE COOK GROUP, INC.$1,206
MARSH & MCLENNAN AGENCY LLC$412 · incl $412 fees
Also brokered by Higginbotham Insurance Agency, Inc5
Lincoln Property Company TX$566,960
Pb-Vb Holdco IV, Inc. TN$336,191
King & George, LLC dba King George TX$236,217
Barcel USA, LLC TX$209,461
Lee & Associates CA$201,258
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 752680740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.