Cambridge Mobile Telematics, Inc.benefits
Cambridge Mobile Telematics Welfare Benefit Plan · CAMBRIDGE, MA · plan year 2024
Cambridge Mobile Telematics, Inc.'s benefits plans covered 320 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,231,955. Insurance brokers and agents were paid $125,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $392 per covered person, above the median for employer plans that report broker pay. Broker pay rose 46% from $85,679 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271188433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.