Plan Ledger DOL Form 5500 · updated monthly

Sharon Young, Inc.benefits

Sharon Young, Inc. · DALLAS, TX · plan year 2024

Broker compensation reported · 2024
$50,301

Sharon Young, Inc.'s benefits plans covered 103 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $50,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $488 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 23% from $65,534 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 84 covered
DEARBORN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 109 covered
AM FIRST · healthpremiums n/a · 56 covered
AM FIRST · healthpremiums n/a
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$48,229 · incl $1,430 fees
MORGAN WHITE LIMITED DBA MWG BROKER$1,151
THE COOK GROUP INC.$921
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752122740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.