Plan Ledger DOL Form 5500 · updated monthly

Piper Sandler Companybenefits

Piper Sandler & Co. Health and Welfare Benefits Plan · MINNEAPOLIS, MN · plan year 2024

Broker compensation reported · 2024
$53,668

Piper Sandler Company's benefits plans covered 1,691 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $53,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 27% from $73,195 in 2023.

Insurance contracts · 20247
LINCOLN FINANCIAL GROUP · lifepremiums n/a · 1,691 covered
LINCOLN FINANCIAL GROUP · ltdpremiums n/a · 1,691 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,103 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 1,066 covered
RELISTAR LIFE INSURANCE COMPANYpremiums n/a · 713 covered
RELISTAR LIFE INSURANCE COMPANYpremiums n/a · 588 covered
Brokers & agents paid · 20247
HAYS COMPANIES$15,920 · incl $15,920 fees
BENE RE LLC$16,276 · incl $16,276 fees
BROWN & BROWN INSURANCE SERVICE$2,484 · incl $2,484 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300168701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.