Plan Ledger DOL Form 5500 · updated monthly

Sierra Alloys Companybenefits

Sierra Alloys Company Health & Welfare Plan · IRWINDALE, CA · plan year 2024

Broker compensation reported · 2024
$159,000

Sierra Alloys Company's benefits plans covered 139 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $159,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,144 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 48% from $107,721 in 2023.

Insurance contracts · 20244
BLUE CROSS OF CALIFORNIA · health drugpremiums n/a · 62 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 161 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 95 covered
HEALTH NET · health drugpremiums n/a · 30 covered
Brokers & agents paid · 20245
MARSH & MCLENNAN AGENCY LLC$95,963 · incl $1,493 fees
WORD & BROWN INS ADMIN, INC$28,962 · incl $20,125 fees
S3M INSURANCE SERVICES LLC$15,213
WORD & BROWN BENEFIT ADMIN$13,776 · incl $13,776 fees
SNA CORPORATION$5,086
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 952961936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.