Abcam, Inc.benefits
Abcam, Inc. Health & Welfare Plan · WALTHAM, MA · plan year 2023
Broker compensation reported · 2023
$109,834
Abcam, Inc.'s benefits plan covered 433 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,529,854. Insurance brokers and agents were paid $109,834 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $254 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20235
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental$2.5M · 640 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 433 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 76 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 110 covered
VISION SERVICE PLAN · visionpremiums n/a · 251 covered
Brokers & agents paid · 20231
MARSH & MCLENNAN AGENCY, LLC$109,834 · incl $38,097 fees
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$16,017,481
Verizon Communications Inc. NJ$2,689,192
Sanford ND$2,648,319
Select Medical Corporation PA$2,216,215
Quanta Services Management Partnership, L.P. TX$2,140,228
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 061682607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.