Millenium Systems Internationalbenefits
Millenium Systems International Welfare Benefit Plan · PARSIPPANY, NJ · plan year 2025
Millenium Systems International's benefits plans covered 150 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $24,857. Insurance brokers and agents were paid $178,924 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 719.8% of premiums. That is $1,193 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 27% from $141,379 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 990421352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.