Plan Ledger DOL Form 5500 · updated monthly

Generate Biomedicinesbenefits

Generate Biomedicines Employee Benefits Plan · SOMERVILLE, MA · plan year 2025

Broker compensation reported · 2025
$179,758

Generate Biomedicines's benefits plans covered 304 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,775,619. Insurance brokers and agents were paid $179,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $591 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $150,895 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental$5.8M · 642 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 304 covered
VISION SERVICE PLAN · visionpremiums n/a · 293 covered
Brokers & agents paid · 20252
MARSH & MCLENNAN AGENCY LLC$168,347 · incl $28,425 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 831630228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.