The Sherwin-Williams Company
Updated Filing received by DOL
The Sherwin-Williams Company, a manufacturing — chemical, wood, plastics employer in Cleveland, Ohio, reported 50,080 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $678,645 in insurance premiums across 23 contracts and $484,478 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on The Sherwin-Williams Company's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract The Sherwin-Williams Company filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Aon · Chicago, IL | $371,313 | $89,311 | $460,624 | 16 |
| Willis Towers Watson · New York, NY | $23,854 | $0 | $23,854 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| MCS Life Insurance Companyhealth | 148 | $678,645 | $33,593 | 5.0% |
| Prudential Insurance Company of Americalife | 620 | — | — | — |
| Prudential Insurance Company of Americalife | 40,306 | — | — | — |
| Prudential Insurance Company of Americalife | 29,275 | — | — | — |
| Eyemed Vision Carevision | 681 | — | $966 | — |
| Zurich American Insurance Companycoverage not coded | 60,174 | — | $23,854 | — |
| Eyemed Vision Carevision | 54,501 | — | $85,867 | — |
| Hartford Life and Accidentlong-term disability | 39,502 | — | $214,857 | — |
| Triple-S Vida, Inc.long-term disability | 121 | — | $3,689 | — |
| Prudential Insurance Company of Americalife | 3,450 | — | — | — |
| Elan Insurance Grouphealth, dental, vision | 121 | — | $3,996 | — |
| Curalinc, LLC, D.B.A. Curalinc Healthcarecoverage not coded | 63,901 | — | — | — |
| Four Ever Life Ins Cohealth | — | — | $3,944 | — |
| Four Ever Life Ins Cohealth | — | — | $18,070 | — |
| Prudential Insurance Company of Americashort-term disability, indemnity · amount flagged as implausible, excluded | 14,080 | — | — | — |
| Kaiser Foundation Health Plan of Georgiahealth, vision, prescription drug, HMO | 208 | — | $13,960 | — |
| Kaiser Foundation Health Plan Inc.health, vision, prescription drug, HMO | 883 | — | $43,748 | — |
| Kaiser Foundation Health Plan of Hawaiihealth, HMO | 105 | — | $6,406 | — |
| Kaiser Foundation Health Plan of the Northwesthealth, vision, prescription drug, HMO | 199 | — | $12,625 | — |
| Kaiser Foundation Health Plan of the Mid-Atlantichealth, HMO | 48 | — | $3,097 | — |
| Kaiser Permanente Health Plan Inc.health, vision, prescription drug, HMO | 97 | — | $6,666 | — |
| Aetna Life Insurance Co.dental | 3,704 | — | $9,140 | — |
| Aetna Life Insurance Co.PPO | 3,225 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How The Sherwin-Williams Company compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Premium per covered person on medical contracts: $4,585 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 49,866 | 50,080 | +0.4% |
| Premiums filed | $619,463 | $678,645 | not comparable |
| Broker commissions + fees | $447,484 | $484,478 | +8.3% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Group Health and Welfare Benefits Plan for the Sherwin-Williams Company#656 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 50,080 |
| The Sherwin-Williams Company Retiree Medical Plan#655 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 3,524 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did The Sherwin-Williams Company pay in health insurance broker commissions in 2024?
The Sherwin-Williams Company's 2024 Form 5500 reports $484,478 in broker commissions and fees across 23 insurance contracts ($395,167 in commissions, $89,311 in fees), with Aon receiving the largest share.
Is The Sherwin-Williams Company's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by MCS Life Insurance Company, Elan Insurance Group, Four Ever Life Ins Co.
How does The Sherwin-Williams Company's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for The Sherwin-Williams Company because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
Send the full findings to your inbox.
A specialist writes up every finding for The Sherwin-Williams Company with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.