Cherryroad Technologies Inc.benefits
Cherryroad Technologies Inc. Employee Benefit Plan · PARSIPPANY, NJ · plan year 2025
Cherryroad Technologies Inc.'s benefits plans covered 414 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $339,005. Insurance brokers and agents were paid $181,771 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.6% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $214,171 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 205084389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.