Cogent Biosciences, Inc.benefits
Cogent Biosciences, Inc. Health and Welfare Benefit Plan · WALTHAM, MA · plan year 2024
Cogent Biosciences, Inc.'s benefits plans covered 196 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $228,415. Insurance brokers and agents were paid $136,391 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.7% of premiums. That is $696 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 29% from $105,613 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 465308248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.