US Magnesium, LLCbenefits
US Magnesium Employee Welfare Plans · SALT LAKE CITY, UT · plan year 2024
Broker compensation reported · 2024
$57,883
US Magnesium, LLC's benefits plans covered 30 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $57,883 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,929 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 47% from $109,984 in 2023.
Insurance contracts · 20244
AETNA LIFE INSURANCE COMPANY · dental visionpremiums n/a · 415 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 360 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 83 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 218 covered
Brokers & agents paid · 20241
MERCER HEALTH & BENEFITS, LLC.$57,883 · incl $8,115 fees
Also brokered by Mercer5
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Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010705446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.