Plan Ledger DOL Form 5500 · updated monthly

Sbm Life Science Inc.benefits

Sbm Life Science Inc. Employee Benefits Plan · CARY, NC · plan year 2025

Broker compensation reported · 2025
$89,978

Sbm Life Science Inc.'s benefits plans covered 161 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $574,451. Insurance brokers and agents were paid $89,978 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.7% of premiums. That is $559 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 34% from $67,008 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF NORTH CAROLINA · stop-loss$574K · 135 covered
THE GUARDIAN LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 176 covered
Brokers & agents paid · 20253
MATTHEW L MERLETTI$41,550
JAMES A SCOTT AND SON INC$45,215 · incl $18,980 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 812927188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.