Cabot Corporationbenefits
Cabot Corporation Employee Benefit Plan · BILLERICA, MA · plan year 2024
Broker compensation reported · 2024
$106,547
Cabot Corporation's benefits plans covered 1,044 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $106,547 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $102 per covered person, below the median for employer plans that report broker pay. Broker pay fell 28% from $148,365 in 2023.
Insurance contracts · 20247
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 1 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 1,044 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,327 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 216 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 2,157 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 1,048 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 487 covered
Brokers & agents paid · 20244
BROWN AND BROWN OF MASSACHUSETTS$88,942 · incl $11,782 fees
BROWN AND BROWN OF FLORIDA, INC.$15,817 · incl $15,817 fees
BROWN AND BROWN OF NEW JERSEY, INC.$99 · incl $99 fees
Also brokered by Brown & Brown5
Beth Israel Lahey Health, Inc. MA$3,690,428
Dana-Farber Cancer Institute, Inc. MA$1,776,211
Bj's Wholesale Club, Inc. MA$1,391,058
Srm Concrete, LLC TN$1,315,284
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042271897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.