Plan Ledger DOL Form 5500 · updated monthly

Sumco Phoenix Corporationbenefits

Sumco Phoenix Corporation · PHOENIX, AZ · plan year 2024

Broker compensation reported · 2024
$12,068

Sumco Phoenix Corporation's benefits plans covered 596 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $12,068 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 54% from $26,428 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF ARIZONA · health drugpremiums n/a · 1,128 covered
AMERITAS LIFE INSURANCE CORPORATION · dental visionpremiums n/a · 1,216 covered
RELIASTAR LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 739 covered
MAGELLAN HEALTH, INC.premiums n/a · 578 covered
VOYA FINANCIALpremiums n/a · 596 covered
Brokers & agents paid · 20242
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 223014284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.