Plan Ledger DOL Form 5500 · updated monthly

Shermco Industries, Inc.benefits

Shermco Industries Employee Benefit Plan · IRVING, TX · plan year 2024

Broker compensation reported · 2024
$61,191

Shermco Industries, Inc.'s benefits plans covered 844 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $61,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay rose 56% from $39,248 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 687 covered
VISION SERVICE PLAN · visionpremiums n/a · 803 covered
METLIFE LEGAL PLANS, INC.premiums n/a · 287 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 936 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life stdpremiums n/a · 930 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS$19,515 · incl $3,358 fees
Also brokered by HUB International5
Autozone, Inc. TN$4,329,860
Aspen HR Peo, LLC FL$3,007,524

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 751441394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.