Magic City Motor Corporation
Updated Filing received by DOL
Magic City Motor Corporation, a retail — stores, food, auto, clothing employer in Roanoke, Virginia, reported 172 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 10 insurance contracts with no premium reported and $45,311 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on March 17, 2026, before the deadline.
Who was paid on Magic City Motor Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Magic City Motor Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Roanoke, VA | $12,901 | $8,678 | $21,579 | 7 |
| Gis Benefits Inc. · Morris, IL | $325 | $0 | $325 | 1 |
| Christopher S Ball · Huddleston, VA | $104 | $0 | $104 | 1 |
| Pamela Shields Cole · Buena Vista, VA | $53 | $0 | $53 | 1 |
| Kimberly Fitzgerald Hand · Myrtle Beach, SC | $53 | $0 | $53 | 1 |
| Duane Allen Adams · Louisa, VA | $27 | $0 | $27 | 1 |
| Fay Jeter Martin · Cumberland, VA | $23 | $0 | $23 | 1 |
| Judy L McCullough · Forest, VA | $22 | $0 | $22 | 1 |
| Melissa Leigh Karnes · Thaxton, VA | $22 | $0 | $22 | 1 |
| Justin Wayne Davis · Salem, VA | $22 | $0 | $22 | 1 |
| Cody Lee Moss · Scottsville, VA | $11 | $0 | $11 | 1 |
| Ruth Pelchat Young · Lynchburg, VA | $8 | $0 | $8 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Delta Dental of Virginiadental | 112 | — | $1,549 | — |
| Ameritas Life Insurance Corpvision | 140 | — | $826 | — |
| Continental American Insurance Companycoverage not coded | 45 | — | $6,925 | — |
| American United Life Insurance Companylife, short-term disability, long-term disability | 179 | — | $12,953 | — |
| Sentara Health Planhealth | 38 | — | $10,395 | — |
| Sentara Health Planhealth | 1 | — | — | — |
| Sentara Health Planhealth | 23 | — | $4,428 | — |
| Sentara Health Planhealth | 17 | — | $3,186 | — |
| Sentara Health Planhealth | 24 | — | $5,049 | — |
| Sentara Health Planhealth | 1 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Magic City Motor Corporation compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 161 | 172 | +6.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $61,257 | $45,311 | −26.0% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Magic City Motor Corporation Welfare Benefit Plan#505 · insurance, general assets | September 30, 2025 | March 17, 2026 | before deadline | 172 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Magic City Motor Corporation pay in health insurance broker commissions in 2024?
Magic City Motor Corporation's 2024 Form 5500 reports $45,311 in broker commissions and fees across 10 insurance contracts ($36,633 in commissions, $8,678 in fees), with Marsh McLennan Agency receiving the largest share.
Is Magic City Motor Corporation's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Sentara Health Plan.
How does Magic City Motor Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Magic City Motor Corporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.