Plan Ledger DOL Form 5500 · updated monthly

Majescobenefits

Majesco Welfare Plan · MORRISTOWN, NJ · plan year 2025

Broker compensation reported · 2025
$402,624

Majesco's benefits plans covered 477 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $402,624 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $844 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.6x the $112,806 reported for 2024.

Insurance contracts · 202517
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 417 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 590 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 3 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 481 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 190 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 481 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 481 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 190 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 138 covered
METLIFE LEGAL PLANSpremiums n/a · 119 covered
UNIVERSITY HEALTH ALLIANCE · health drugpremiums n/a · 22 covered
KAISER FOUNDATION HEALTH PLAN, INC · healthpremiums n/a · 38 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 141 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 123 covered
Brokers & agents paid · 20254
ALLIANT INSURANCE SERVICES INC$399,720 · incl $30,366 fees
ALLIANT INSURANCE SERVICES INC.$661 · incl $193 fees
ALLIANT INSURANCE SERVICES$125 · incl $73 fees
Also brokered by Alliant5
Hims, Inc. CA$1,599,375
Fpi Management CA$1,475,757

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 770309142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.