Cytel Inc.benefits
Cytel Inc. Health and Welfare Plan · CAMBRIDGE, MA · plan year 2025
Previously filed as Cytel, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Cytel Inc.'s benefits plans covered 461 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $518,054. Insurance brokers and agents were paid $100,884 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.5% of premiums. That is $219 per covered person, above the median for employer plans that report broker pay. Broker pay fell 55% from $224,576 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042955676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.