Plan Ledger DOL Form 5500 · updated monthly

Spectra Metal Sales, Inc.benefits

Spectra Metal Sales, Inc. Health and Welfare Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$81,180

Spectra Metal Sales, Inc.'s benefits plans covered 363 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $81,180 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $224 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $90,688 in 2023.

Insurance contracts · 20247
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 520 covered
UNUM INSURANCE COMPANYpremiums n/a · 139 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 245 covered
UNUM INSURANCE COMPANYpremiums n/a · 168 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 606 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 251 covered
UPRISE HEALTHpremiums n/a · 400 covered
Brokers & agents paid · 20243
MARSH AND MCLENNAN AGENCY, LLC$46,318 · incl $6,681 fees
MARSH & MCLENNAN AGENCY LLC$27,517 · incl $3,237 fees
MARSH & MCLENNAN AGENCY, LLC$7,345 · incl $1,240 fees
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 592878371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.