The Sherwin-Williams Companybenefits
Group Health and Welfare Benefits Plan for the Sherwin-Williams Company · CLEVELAND, OH · plan year 2024
The Sherwin-Williams Company's benefits plans covered 47,073 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $678,645. Insurance brokers and agents were paid $2,495,218 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 367.7% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.4% from $2,724,893 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340526850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.