Plan Ledger DOL Form 5500 · updated monthly

Aspentech Corporationbenefits

Aspen Technology, Inc. Health and Welfare Benefits Plan · BEDFORD, MA · plan year 2024

Broker compensation reported · 2024
$36,562

Aspentech Corporation's benefits plans covered 1,716 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $36,562 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $21 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 56% from $82,357 in 2023.

Insurance contracts · 20249
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 1,716 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 350 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 1,873 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,857 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,218 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 253 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC.$36,562 · incl $3,402 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042739697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.