Plan Ledger DOL Form 5500 · updated monthly

Modernatx, Inc.benefits

Modernatx, Inc. Employee Benefits Plan · CAMBRIDGE, MA · plan year 2025

Broker compensation reported · 2025
$574,644

Modernatx, Inc.'s benefits plans covered 3,697 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $574,644 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $753,869 in 2024.

Insurance contracts · 20254
VISION SERVICE PLAN · visionpremiums n/a · 3,485 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 888 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 3,697 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 4 covered
Brokers & agents paid · 20255
BROWN & BROWN INSURANCE SVCS., INC.$564,725 · incl $161,883 fees
BROWN & BROWN, INC.$7,072 · incl $7,072 fees
BROWN & BROWN OF MASSACHUSETTS, LLC$2,090 · incl $2,090 fees
BROWN & BROWN OF FLORIDA, INC.$731 · incl $731 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 270226313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.