Plan Ledger DOL Form 5500 · updated monthly

Altair Engineering, Inc.benefits

Altair Engineering Inc. Cafeteria Plan · TROY, MI · plan year 2025

Previously filed as Altair Engineering Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$143,570

Altair Engineering, Inc.'s benefits plans covered 920 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $143,570 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay rose 23% from $116,924 in 2024.

Insurance contracts · 20254
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 1 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 4 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 920 covered
UNUM INSURANCE COMPANYpremiums n/a · 492 covered
Brokers & agents paid · 20253
GALLAGHER BENEFIT SERVICES, INC.$143,466 · incl $9,660 fees
PARAGON UNDERWRITERS$41
Individual agent · names withheld$63

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.

Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382591828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.