Plan Ledger DOL Form 5500 · updated monthly

Sternberg, Inc.benefits

Sternberg, Inc. Group Health Plan · JASPER, IN · plan year 2024

Broker compensation reported · 2024
$15,053

Sternberg, Inc.'s benefits plans covered 167 active participants in 2024, providing health · life. Insurance brokers and agents were paid $15,053 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay fell 31% from $21,973 in 2023.

Insurance contracts · 20242
COMPANION LIFE INSURANCE COMPANY · stop-losspremiums n/a · 131 covered
PRINCIPAL LIFE INSURANCE COMPANY · lifepremiums n/a · 179 covered
Brokers & agents paid · 20242
XL BENEFIT INSURANCE SERVICES$10,475
JAMES A. BLESSINGER AGENCY, LLC$4,578
Also brokered by Xl Benefit Insurance Services5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350911892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.