Sems and Specials, Inc.benefits
Sems and Specials, Inc. Employee Benefits Plan · ROCKFORD, IL · plan year 2024
Broker compensation reported · 2024
$69,039
Sems and Specials, Inc.'s benefits plans covered 100 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $69,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $690 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $61,473 in 2023.
Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 198 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 116 covered
Brokers & agents paid · 20241
SPECTRUM INSURANCE AGENCY INC$69,039
Also brokered by Spectrum Insurance Agency Inc1
Rockford Toolcraft Inc IL$73,332
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363739740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.