SAMSUNG ELECTRONICS AMERICA, INC.

EIN 13-2951153 · NJ · Manufacturing — Heavy

Compensation disclosed6 brokers of record, 2021–2024As reported on Form 5500 (Schedules A and C), U.S. Department of Labor.

Employer-paid broker pay2024 · analysis: $414,8952023: $526,8302022: $485,2382021: $698,363

Benchmarked against: Manufacturing — Heavy · 2,501–10,000 employees · same industry, regional · n=57 employers (your plan plus 56 peers)

Your exact in-state peer group was below the 10-plan minimum, so the comparison broadens to same industry, regional within Manufacturing — Heavy.

5,611

(latest)

Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).

Funding

$414,895

Broker pay, employer-paid lines (2024)

$6.16

59th pct vs peers · n=57

Lines disclosed: Life · Long-term disability

Broker pay as a share of insured premium: 9.2% (peer median 4.7%, 80th percentile).

Without the 7 low-disclosure peers, this plan is at the 53rd percentile of 50 comparable plans (your plan plus 49 peers).

Employer-paid $414,895 benchmarked for 2024 · Voluntary $71,770 shown separately, compared by rate only

Broker commission rate by benefit line

What the broker earns on each insured line, as a share of that line's own premium — not a share of total broker pay, and not what the coverage cost. Peers for these tiles: the tightest available peer cell for each line. Full table below. How the national rates are built.

Life

9.4%

Peer median 8.3%

Within peer range

Long-term disability

10.0%

Peer median 4.5%

Above peer range

Voluntary / worksite

6.6%

Peer median 15.6%

Below peer range

Medical

5.0%

Peer median 4.2%

Within peer range

Voluntary / worksite premium is typically paid by employees through payroll deduction, so commission on those lines comes out of employee money rather than company money.

Dental and Vision are not on this filing as their own contracts, so there is no peer rate to show for them.

This page shows what was filed. The report shows what it means.

What the gap is worth — the dollar difference vs. peer median, including a 3-year view
The current structure compared against levels comparable plans actually reported
A committee-ready PDF: full broker breakdown, renewal question set, and disclosure-request letter included

Your full $199 applies toward Renewal Readiness if you upgrade within 60 days.

One-time purchase · 12 months of live access · PDF yours to keep · See a sample report

Researching several companies? Insight Pass — $299 per seat

Broker Compensation Benchmark Report

Peer distributions · dollar quantification · 3-year trajectory · modeled alternatives

SAMPLE

Where the $486,665 across all lines goes

Each broker and each benefit line, in dollars

How much broker pay rides inside the premium

Base commission against bonuses and other carrier payments, all funded through premium

Whether this number is drifting

Compensation across every filed year, against the peer median

A screenshot isn't a record. Get the dated report for your file.

Line-item breakdown, multi-year trend, and methodology-backed framing — ready for fiduciary oversight and recordkeeping.

Or, if this is your company, share your plan basics to unlock your company’s full detail — the dated report PDF stays a separate purchase.

Benefits covered (latest filing)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingSeveranceOther

From the Form 5500 welfare benefit codes — the authoritative list of what the plan covers, including medical (health).

Broker history

Benefit lines covered by year — broker identity limited on public pages

Year:

Broker identity on this page is limited for public viewers. Sign in with your work email or share your plan basics for the full breakdown on your company.

Commission rates by benefit line

Each insured contract on the filing, with the broker's commission as a share of that contract's own premium. Premium is what was paid to the carrier for the coverage; only the commission column is broker pay.

Benefit line	Contract	Rate	vs. peers	Position
Life · contract GL 167711	Reliance Standard Life Insurance CompanyPlan 502 · 1,488 lives · Life	9.4%	med 8.3%	Within peer range
Long-term disability · contract LTD 430687	Reliance Standard Life Insurance CompanyPlan 502 · 4,624 lives · Long-term disability	10.0%	med 4.5%	Above peer range
Life · contract GL 167710	Reliance Standard Life Insurance CompanyPlan 502 · 4,624 lives · Life	9.4%	med 5.9%	Within peer range
Voluntary / worksite · contract AI111182	Cigna Health and Life Insurance CompanyPlan 501 · 679 lives · Other (ACCIDENT)	6.6%	med 15.6%	Below peer range
Voluntary / worksite · contract CI111132	Cigna Health and Life Insurance CompanyPlan 501 · 679 lives · Other (CRITICAL ILLNESS)	9.3%	med 15.6%	Below peer range
Life · contract VAR 211215	Reliance Standard Life Insurance CompanyPlan 502 · 1,418 lives · Other (ACCIDENTAL DEATH AND DISMEM…	10.0%	med 8.3%	Within peer range
Long-term disability · contract LTD 430689	Reliance Standard Life Insurance CompanyPlan 502 · 827 lives · Long-term disability	12.0%	med 7.0%	Above peer range
Life · contract VAR 211255	Reliance Standard Life Insurance CompanyPlan 502 · 4,616 lives · Other (ACCIDENTAL DEATH AND DISMEM…	10.0%	med 5.9%	Within peer range
Life · contract GL 167714	Reliance Standard Life Insurance CompanyPlan 502 · 153 lives · Life	11.4%	med 13.0%	Within peer range
Life · contract GL 167713	Reliance Standard Life Insurance CompanyPlan 502 · 827 lives · Life	11.4%	med 8.3%	Within peer range
Life · contract GL 167709	Reliance Standard Life Insurance CompanyPlan 502 · 361 lives · Life	9.4%	med 13.0%	Within peer range
Medicalfiled as “Health”	Mcs Life Insurance Company	5.0%	med 4.2%	Within peer range
Long-term disability · contract LTD 430686	Reliance Standard Life Insurance CompanyPlan 502 · 804 lives · Long-term disability	10.0%	med 7.0%	Within peer range
Life · contract VAR211217	Reliance Standard Life Insurance CompanyPlan 502 · 204 lives · Other (ACCIDENTAL DEATH AND DISMEM…	10.0%	med 13.0%	Within peer range
Life · contract VAR21116	Reliance Standard Life Insurance CompanyPlan 502 · 827 lives · Other (ACCIDENTAL DEATH AND DISMEM…	10.0%	med 8.3%	Within peer range
Life · contract GTP0009152725	National Union Fire Ins. Co. of Pittsburgh, PA	20.0%	med 5.9%	Above peer range
Life · contract GL 167708	Reliance Standard Life Insurance CompanyPlan 502 · 804 lives · Life	9.4%	med 8.3%	Within peer range
Life · contract VAR 211254	Reliance Standard Life Insurance CompanyPlan 502 · 285 lives · Other (ACCIDENTAL DEATH AND DISMEM…	10.0%	med 13.0%	Within peer range

Bundled and other contracts — no single-line peer comparison

A bundled contract covers two or more lines on one premium (for example Health + Dental). Its effective rate is the commission on the whole premium; it is shown for completeness and never compared with single-line peers, because the mix of lines inside the bundle sets the rate as much as the broker does.

Covers	Contract	Effective rate	vs. peers
Other benefitHOSPITAL CARE	Cigna Health and Life Insurance CompanyPlan 501	5.8%	No comparable line

1 contract under $10,000 in premium — listed for completeness, not compared to peers. Show

Life — Reliance Standard Life Insurance Company — Premium under $10,000 is too small to compare

How the peer group for each line was built

Life: n=1,163 contracts, Northeast, 501-2500 covered lives
Long-term disability: n=178 contracts, Northeast, 2501-10000 covered lives
Life: n=408 contracts, Northeast, 2501-10000 covered lives
Voluntary / worksite: n=670 contracts, Northeast, 501-2500 covered lives
Long-term disability: n=533 contracts, Northeast, 501-2500 covered lives
Life: n=2,313 contracts, Northeast, 101-500 covered lives
Medical: n=30,092 contracts, national

n = the number of peer contracts in that comparison group.

Everything in this table is from the 2024 filing. These 20 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on contracts with no premium reported or on Schedule C service-provider fees, which carry no contract rate.

Who funds this. Voluntary / worksite premium is typically paid by employees through payroll deduction, so commission on those lines comes out of employee money rather than company money.

Peer comparison here is contract-level: each line is matched to single-line contracts covering a similar number of lives. The geography and size band come from that cell's generated scope label. That is a different group from the plan-level peer set, which compares employers on total broker cost per employee, so the two sample sizes are not expected to agree. The national table on the research page includes every single-line contract on that benefit line. Company pages use the tightest cell with at least 10 contracts — region and size when those exist, otherwise national. The two medians answer different questions, so they are not expected to match. Contracts under $10,000 in premium are listed for completeness, with no rate or peer position.

Plans on file

Expand a plan to see its insured contracts and year-over-year history — the details someone on the plan can recognize and verify.

PN 502SAMSUNG REGIONAL HEALTH AND WELFARE PLAN5.6K participants (2024)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingSeveranceOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

Loading contracts…

PN 501SAMSUNG ELECTRONICS AMERICA, INC. HEALTH AND WELFARE PLAN4.1K participants (2024)

HealthOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

Loading contracts…

Covers = benefits reported on the Form 5500 (welfare benefit codes). Contracts = insured lines itemized on Schedule A; a self-funded medical line never appears there.

At a glance

Primary brokerLimited on public pages

Years on file4

Lead broker continuityFiled brokername changed

Broker setup5 brokers in 20246 across all years

Most

Peer benchmarkManufacturing — Heavyn=57 · regional peers

Is this your company?

The Broker Compensation Benchmark Report is the dated, sourced PDF for your fiduciary file — line-item breakdown, interpretation, methodology, and 12 months of live access. Unbrokered does not provide legal advice.

Or share your plan basics to unlock your company’s full detail — the report PDF itself is a separate purchase.

How do similar employers compare?

Employers in the same peer group (Manufacturing — Heavy, similar size), from public Form 5500 filings. Open one to see what it pays its broker.

Browse more: New Jersey employer health plans · Manufacturing — Heavy plans in New Jersey · all states

Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Most recent plan year on file: 2024. Dataset refreshed October 7, 2026. Plan years are labeled by the year they begin, so a July 2024 – June 2025 plan year is 2024. Filings may lag 12–18 months behind the current plan year.

Report a data discrepancy

Unbrokered reports data as filed with the DOL. If you believe a figure is incorrect, tell us what it should be. We respond within 2 business days and, where the underlying filing has been amended, update on our next data refresh. We don't remove publicly filed information on request, but we do correct genuine errors.