Plan Ledger DOL Form 5500 · updated monthly

Progress Software Corporationbenefits

Progress Software Group Insurance Plan · BURLINGTON, MA · plan year 2024

Broker compensation reported · 2024
$101,025

Progress Software Corporation's benefits plans covered 973 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $101,025 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $104 per covered person, below the median for employer plans that report broker pay. Broker pay rose 199% from $33,826 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 943 covered
KGApremiums n/a · 973 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 465 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 734 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$101,025 · incl $11,398 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042746201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.