Plan Ledger DOL Form 5500 · updated monthly

Wallace Montgomery & Associates, LLPbenefits

Wallace, Montgomery & Associates LLP Welfare Plan · HUNT VALLEY, MD · plan year 2024

Broker compensation reported · 2024
$3,306

Wallace Montgomery & Associates, LLP's benefits plans covered 231 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $3,306 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.4% from $3,023 in 2023.

Insurance contracts · 20244
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 374 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · visionpremiums n/a · 196 covered
JANUS ASSOCIATES, INC. DBA BHSpremiums n/a · 189 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 231 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$3,306 · incl $3,306 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521051946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.