Plan Ledger DOL Form 5500 · updated monthly

Merlin Labs, Inc.benefits

Merlin Labs, Inc. Employee Welfare Benefit Plan · BOSTON, MA · plan year 2025

Broker compensation reported · 2025
$72,830

Merlin Labs, Inc.'s benefits plan covered 124 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $72,830 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $587 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20252
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 124 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental visionpremiums n/a · 266 covered
Brokers & agents paid · 20252
MATT WAUGH$68,002 · incl $14,690 fees
AMWINS CONNECT INSURANCE SERVICES$4,828 · incl $4,828 fees
Also brokered by Matt Waugh1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 832225245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.