Plan Ledger DOL Form 5500 · updated monthly

Smt, Inc.benefits

Smt, Inc. Section 125 Cafeteria Plan · RALEIGH, NC · plan year 2023

Broker compensation reported · 2023
$61,502

Smt, Inc.'s benefits plan covered 166 active participants in 2023, providing health · life · dental · vision. Insurance brokers and agents were paid $61,502 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $370 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20233
BLUE CROSS AND BLUE SHIELD OF NC · health drug ppopremiums n/a · 117 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 11 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 220 covered
Brokers & agents paid · 20235
DAVID L YOPP$14,700
BRANDON J. MOOREFIELD$11,700
MOSAIC GROUP SERVICES, LLC$6,860 · incl $6,860 fees
THE BENEFIT COMPANY$8,815 · incl $4,937 fees
MCGRIFF INSURANCE SERVICES$19,427 · incl $233 fees
Also brokered by David L Yopp1

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 341787123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.