Strategic Technology Institute, Inc.benefits
Strategic Technology Institute Welfare Benefit Plan · ROCKVILLE, MD · plan year 2024
Broker compensation reported · 2024
$205,747
Strategic Technology Institute, Inc.'s benefits plans covered 652 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $205,747 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $316 per covered person, above the median for employer plans that report broker pay. Broker pay rose 105% from $100,587 in 2023.
Insurance contracts · 20244
UNITED HEALTHCARE · life std ltdpremiums n/a · 652 covered
UNITED HEALTHCARE · health dental visionpremiums n/a · 938 covered
GUARDIAN · lifepremiums n/a · 201 covered
HARTFORD ACCIDENT AND LIFE CO (SELMAN)premiums n/a · 66 covered
Brokers & agents paid · 20245
MCGRIFF INSURANCE SERVICE$139,675 · incl $115,080 fees
MARSH & MCLENNAN AGENCY LLC$28,912
MCGRIFF INSURANCE SERVICES$17,058
ACRISURE LLC$12,830 · incl $9,301 fees
POTOMAC INSURANCE INC$7,272 · incl $7,115 fees
Also brokered by McGriff5
Truist Financial Corporation NC$3,131,925
Valero Energy Corporation TX$1,969,297
Old Dominion Freight Line, Inc. NC$1,796,474
Pratt Industries, Inc. GA$1,720,663
El Camino Hospital CA$1,115,318
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521449891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.