Plan Ledger DOL Form 5500 · updated monthly

Sterman Masser Inc.benefits

Sterman Masser Inc. Health and Welfare Plan · SACRAMENTO, PA · plan year 2024

Broker compensation reported · 2024
$21,534

Sterman Masser Inc.'s benefits plans covered 262 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $100,627. Insurance brokers and agents were paid $21,534 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.4% of premiums. That is $82 per covered person, below the median for employer plans that report broker pay. Broker pay rose 96% from $11,012 in 2023.

Insurance contracts · 20242
CAPITAL ADVANTAGE ASSURANCE COMPANY · dental vision$101K · 360 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 172 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$21,534 · incl $21,534 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231726207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.