Plan Ledger DOL Form 5500 · updated monthly

Somerset Trust Companybenefits

Somerset Trust Company Health and Welfare Benefits Plan · SOMERSET, PA · plan year 2024

Broker compensation reported · 2024
$12,333

Somerset Trust Company's benefits plans covered 392 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $12,333 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.7% from $12,122 in 2023.

Insurance contracts · 20244
AMERICA UNITED LIFE INSURANCE COMPANY · life ltdpremiums n/a · 392 covered
UPMC HEALTH BENEFITS · visionpremiums n/a · 5 covered
UPMC HEALTH BENEFITS · visionpremiums n/a · 685 covered
UPMC HEALTH BENEFITS · visionpremiums n/a · 26 covered
Brokers & agents paid · 20241
CBIZ BENEFITS & INSURANCE SERVICES$12,333 · incl $5,029 fees
Also brokered by Cbiz5
Tumi, Inc. NJ$1,238,886
V2X Inc. CO$941,238

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 250807970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.