Plan Ledger DOL Form 5500 · updated monthly

Sperry Rail, Inc.benefits

Sperry Rail, Inc. Health and Welfare Plan · SHELTON, CT · plan year 2024

Broker compensation reported · 2024
$41,550

Sperry Rail, Inc.'s benefits plans covered 376 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $171,861. Insurance brokers and agents were paid $41,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.2% of premiums. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $37,507 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF CONNECTICUT, INC. · dental$172K · 509 covered
VISION SERVICE PLAN · visionpremiums n/a · 272 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 456 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC.$41,550 · incl $5,320 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060917470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.