Plan Ledger DOL Form 5500 · updated monthly

Neuronetics, Inc.benefits

Neuronetics, Inc. Benefits Plan · MALVERN, PA · plan year 2024

Broker compensation reported · 2024
$184,200

Neuronetics, Inc.'s benefits plans covered 178 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $184,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,035 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 20% from $154,009 in 2023.

Insurance contracts · 202412
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 37 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 201 covered
METLIFE LEGAL PLANSpremiums n/a · 33 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 201 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 36 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 170 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 164 covered
FIRSTCALLpremiums n/a · 175 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 201 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 177 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 201 covered
Brokers & agents paid · 20242
MICHAEL HAND$181,922 · incl $11,235 fees
EMERSON REID LLC$2,278 · incl $446 fees
Also brokered by Michael Hand5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 331051425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.