Plan Ledger DOL Form 5500 · updated monthly

Syracuse Label Company, Inc.benefits

Syracuse Label Company, Inc. Welfare Benefit Plan · NORTH SYRACUSE, NY · plan year 2023

Broker compensation reported · 2023
$22,356

Syracuse Label Company, Inc.'s benefits plan covered 123 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,634,670. Insurance brokers and agents were paid $22,356 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.4% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20233
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.6M · 123 covered
STANDARD OF NEW YORK · life$34K · 159 covered
GUARDIAN · dental vision std ltdpremiums n/a · 150 covered
Brokers & agents paid · 20234
ALERA GROUP, INC$1,918 · incl $1,918 fees
ROBERT G RELPH AGENCY INC$332
Also brokered by Brown & Brown5
Brown & Brown, Inc. FL$7,563,926

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 161062515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.