Factorial Incbenefits
501 - Health & Welfare Benefit Plans · WOBURN, MA · plan year 2024
Broker compensation reported · 2024
$11,672
Factorial Inc's benefits plans covered 68 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $11,672 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay rose 35% from $8,657 in 2023.
Insurance contracts · 20243
DENTAL SERVICE OF MASSACHUSETTS, INC. D/B/A DELTA DENTAL OF MA · dentalpremiums n/a · 123 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 95 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 118 covered
Brokers & agents paid · 20243
CROSS INSURANCE-WAKEFIELD, INC.$8,668
PROFESSIONAL GROUP PLANS, INC.$1,633 · incl $1,633 fees
CROSS BENEFIT SOLUTIONS$1,371
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 842520648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.