Plan Ledger DOL Form 5500 · updated monthly

Waldorf Ford, Inc.benefits

Waldorf Ford, Inc. Welfare Benefits Plan · WALDORF, MD · plan year 2024

Broker compensation reported · 2024
$216,938

Waldorf Ford, Inc.'s benefits plans covered 1,036 active participants in 2024, providing health · life · dental · other. Insurance premiums totaled $260,282. Insurance brokers and agents were paid $216,938 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 83.3% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $190,369 in 2023.

Insurance contracts · 20244
UNITED CONCORDIA INSURANCE COMPANY · dental$260K · 635 covered
CAREFIRST BLUECHOICE, INC. · health drug hmo ppopremiums n/a · 571 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · lifepremiums n/a · 13 covered
TRANSAMERICA LIFE INSURANCE COMPANY · lifepremiums n/a · 1,036 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$103,902 · incl $101,422 fees
MCGRIFF INSURANCE SERVICES, INC.$112,983 · incl $100,029 fees
3 individual agents · names withheld$53

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521918602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.