United Electric dba Magic Airebenefits
Magic Aire Health and Welfare Plan · WICHITA FALLS, TX · plan year 2024
Broker compensation reported · 2024
$86,940
United Electric dba Magic Aire's benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $86,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $719 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 36% from $136,291 in 2023.
Insurance contracts · 20245
HEALTH CARE SERVICE CORPORATION · health dentalpremiums n/a · 160 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 90 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 121 covered
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 12 covered
AMFIRST · healthpremiums n/a · 29 covered
Brokers & agents paid · 20245
MARSH & MCLENNAN AGENCY LLC$56,685 · incl $11,317 fees
MICHAEL BANNON$2,675
MORGAN WHITE LIMITED DBA MWG BROKER$1,943
THE COOK GROUP, INC.$1,557
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752680740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.