Precise Systems, Inc.benefits
Precise Systems, Inc. Welfare Benefit Plan · LEXINGTON PARK, MD · plan year 2024
Previously filed as Precise Systems Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Precise Systems, Inc.'s benefits plans covered 1,293 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $419,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $325 per covered person, above the median for employer plans that report broker pay. Broker pay rose 44% from $290,872 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521686191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.