Minuteman Security Technologies, Inc.benefits
Minuteman Securuty Technologies Inc. Consolidated Welfare Benefits Plan · ANDOVER, MA · plan year 2024
Minuteman Security Technologies, Inc.'s benefits plans covered 414 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $214,939. Insurance brokers and agents were paid $54,318 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.3% of premiums. That is $131 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $71,270 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043025865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.