Sika Corporationbenefits
Sika Corporation Employee Benefit Plan · LYNDURST, NJ · plan year 2024
Broker compensation reported · 2024
$179,113
Sika Corporation's benefits plans covered 2,439 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $179,113 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 127% from $78,976 in 2023.
Insurance contracts · 20245
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 2,651 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 186 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 43 covered
SUNLIFE ASSURANCE COMPANY OF CANADApremiums n/a · 228 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 226 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$177,294 · incl $9,826 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221594831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.