Plan Ledger DOL Form 5500 · updated monthly

Schmidt Baking Co., Inc.benefits

Schmidt Baking Co. , Inc. · BALTIMORE, MD · plan year 2024

Broker compensation reported · 2024
$12,855

Schmidt Baking Co., Inc.'s benefits plans covered 473 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $12,855 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $27 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 32% from $9,734 in 2023.

Insurance contracts · 20244
CIGNA HEALTH & LIFE INSURANCE COMPANYpremiums n/a · 118 covered
CIGNA HEALTH & LIFE INSURANCE COMPANYpremiums n/a · 177 covered
CIGNA HEALTH & LIFE INSURANCE COMPANYpremiums n/a · 152 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 473 covered
Brokers & agents paid · 20241
SCHOENFELD INSURANCE ASSOCIATES INC$12,855
Also brokered by Schoenfeld Insurance Associates Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520476060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.