Plan Ledger DOL Form 5500 · updated monthly

Covaris Incbenefits

Covaris Inc Ancillary Plans · WOBURN, MA · plan year 2023

Broker compensation reported · 2023
$22,200

Covaris Inc's benefits plan covered 135 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $22,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $164 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20236
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 135 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 198 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 2 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 4 covered
HPHC INSURANCE COMPANY · health ppopremiums n/a · 55 covered
HARVARD PILGRIM HEALTH CARE · health hmopremiums n/a · 7 covered
Brokers & agents paid · 20233
0009K891$2,182
000HG859-HPHC INSURANCE AGENCY, INC$1,212
Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 043468219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.