Sterling Capital Management, Inc.benefits
The Welfare Benefit Plan of Sterling Capital Management, Inc. and Affiliated Companies · BIRMINGHAM, AL · plan year 2025
Sterling Capital Management, Inc.'s benefits plans covered 243 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,650,329. Insurance brokers and agents were paid $28,836 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $119 per covered person, below the median for employer plans that report broker pay. Broker pay rose 25% from $23,135 in 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 631057974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.