Plan Ledger DOL Form 5500 · updated monthly

Sandy Spring Bancorp Inc.benefits

Sandy Spring Bancorp Inc. Health and Welfare Benefit Plan · OLNEY, MD · plan year 2024

Broker compensation reported · 2024
$268,535

Sandy Spring Bancorp Inc.'s benefits plans covered 1,113 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $268,535 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $228,279 in 2023.

Insurance contracts · 20247
KASIER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC STATES, INC. · health hmopremiums n/a · 39 covered
SYMETRA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,113 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a · 837 covered
KASIER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC STATES, INC. · health hmopremiums n/a · 39 covered
SYMETRA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 831 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a · 837 covered
GROUP HOSPITALIZATION MEDICAL SERVICES INC · dentalpremiums n/a · 1,839 covered
Brokers & agents paid · 20241
HILB GROUP OF MARYLAND$268,535 · incl $40,455 fees
Also brokered by Hilb Group of Maryland5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521532952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.