Plan Ledger DOL Form 5500 · updated monthly

Lm Sandler & Sons Incbenefits

Lm Sandler & Sons Inc. Flexible Benefits Plan · VIRGINIA BEACH, VA · plan year 2024

Previously filed as Lm Sandler and Sons Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$50,707

Lm Sandler & Sons Inc's benefits plans covered 354 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $142,028. Insurance brokers and agents were paid $50,707 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.7% of premiums. That is $143 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $44,464 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · ltd$79K · 159 covered
STANDARD INSURANCE COMPANY · std$63K · 159 covered
THE STANDARD LIFE INSURANCE · lifepremiums n/a · 346 covered
ANTHEM LIFE INSURANCE · lifepremiums n/a · 354 covered
ANTHEM HEALTH PLANS OF VA · health dental vision ppopremiums n/a · 247 covered
Brokers & agents paid · 20242
THE SPINDEL AGENCY$21,812
FRIEDEN AGENCY LLC$28,895 · incl $2,534 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541737065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.