Plan Ledger DOL Form 5500 · updated monthly

Sterling Infosystems, Inc.benefits

Sterling Infosystems, Inc. Medical, Dental, Vision, Life and Disability Plan · INDEPENDENCE, OH · plan year 2024

Broker compensation reported · 2024
$21,789

Sterling Infosystems, Inc.'s benefits plans covered 822 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $65,792. Insurance brokers and agents were paid $21,789 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.1% of premiums. That is $27 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 9.4% from $24,053 in 2023.

Insurance contracts · 20246
VISION SERVICE PLAN · vision$66K · 561 covered
HMSA/BCBS OF HAWAII · health drugpremiums n/a · 1 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 862 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 633 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 518 covered
AETNA LIFE INSURANCE COMPANY · stop-losspremiums n/a · 634 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$21,789 · incl $8,434 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 112845313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.