Plan Ledger DOL Form 5500 · updated monthly

Scm Metal Products, Inc.benefits

Scm Metal Products, Inc. Life and Disability Benefits Plan · DURHAM, NC · plan year 2024

Broker compensation reported · 2024
$314,812

Scm Metal Products, Inc.'s benefits plans covered 406 active participants in 2024, providing life · long-term disability · other. Insurance brokers and agents were paid $314,812 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $775 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 103% from $154,779 in 2023.

Insurance contracts · 20244
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 366 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 681 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 415 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 305 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES INC$279,874 · incl $17,089 fees
MOSAIC GROUP SERVICES, LLC$34,938 · incl $34,938 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201161055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.