Plan Ledger DOL Form 5500 · updated monthly

The Shepherd Material Science Companybenefits

The Shepherd 401(K) Plan · NORWOOD, OH · plan year 2024

Broker compensation reported · 2024
$60

The Shepherd Material Science Company's benefits plans covered 524 active participants in 2024, providing life. Insurance premiums totaled $22,682. Insurance brokers and agents were paid $60 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $0 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.7% from $59 in 2023.

Insurance contracts · 20241
NORTHWESTERN MUTUAL$23K · 1 covered
Brokers & agents paid · 20242
KELLEY FNCL GRP INC$5 · incl $1 fees
2 individual agents · names withheld$55

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310989650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.