Plan Ledger DOL Form 5500 · updated monthly

Avid Technology, Inc.benefits

Avid Technology, Inc. Group Health and Welfare Benefit Plan · BURLINGTON, MA · plan year 2025

Broker compensation reported · 2025
$43,150

Avid Technology, Inc.'s benefits plans covered 245 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $44,712. Insurance brokers and agents were paid $43,150 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 96.5% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay fell 38% from $69,591 in 2024.

Insurance contracts · 202520
VISION SERVICE PLAN · vision$45K · 211 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 249 covered
METLIFE LEGAL PLANSpremiums n/a · 40 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 26 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 250 covered
UNUM INSURANCE COMPANYpremiums n/a · 45 covered
UNUM INSURANCE COMPANYpremiums n/a · 75 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 7 covered
FIRST UNUM LIFE INSURANCE COMPANYpremiums n/a · 6 covered
UNUM INSURANCE COMPANYpremiums n/a · 46 covered
Brokers & agents paid · 20256
HUB INTERNATIONAL INS SVCS INC.$32,821 · incl $13,071 fees
MERCER H&B ADMINISTRATION$2,679 · incl $2,679 fees
MERCER HEALTH AND BENEFITS, LLC$1,415 · incl $1,415 fees
MERCER HEALTH & BENEFITS LLC$253 · incl $253 fees
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042977748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.