BenefitsLedger
Benefits broker · Plan year 2024 · Form 5500 Schedule A

Magis Advisory Group LLC

Avon, OH

Magis Advisory Group LLC collected $333,637 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #1243 among 12,126 brokers named in the public record. Most of its named clients are in Ohio.

Commissions + fees
$333,637
$245,767 commissions · $87,870 fees
Employer plans
5
18 contracts
Rank
#1243
top 10% of 12,126 brokers
Median rate
n/a
fewer than 10 insured medical plans

Largest clients

Employers whose filings reported the most compensation to this broker.

EmployerPaid to brokerParticipants
Foundation Software, LLC · Ohio$261,102425
Sprenger Enterprises, Inc. · Ohio$29,037488
Farmers National Bank · Ohio$23,393429
Valtronic Technologies (USA), Inc. · Ohio$19,343156
Cable Television Laboratories, Inc. · Colorado$762192

Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.

Where its clients are

Employer plans naming this broker, by employer state.

4 plans
1 plans

How much does Magis Advisory Group LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying Magis Advisory Group LLC $333,637: $245,767 in commissions and $87,870 in fees, across 18 insurance contracts at 5 employers. That ranks #1243 of 12,126 brokers in the public record.

What commission rate is paid on plans Magis Advisory Group LLC brokers?

Not enough fully insured medical plans name Magis Advisory Group LLC as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Magis Advisory Group LLC?

The largest reported payers in 2024 were Foundation Software, LLC, Sprenger Enterprises, Inc., Farmers National Bank. Ohio is its biggest state by employer count (4 plans).

Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.

Is this your company's plan? Get a written review of the filing.
A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.