Sherwood Industries, Inc.benefits
Sherwood Industries, Inc. Welfare Benefits Plan · LAWRENCEVILLE, NJ · plan year 2024
Broker compensation reported · 2024
$187,153
Sherwood Industries, Inc.'s benefits plans covered 181 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $187,153 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,034 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 17% from $160,334 in 2023.
Insurance contracts · 20244
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 181 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 137 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 27 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health visionpremiums n/a · 200 covered
Brokers & agents paid · 20243
CORE EMPLOYER SERVICES$176,616 · incl $175,348 fees
CORE EMPLOYER SERVICES, LLC$7,715
CORE EMPLOYER SERVICES LLC$2,822
Also brokered by Core Employer Services1
Charmant USA Inc NJ$101,108
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221868289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.