Quantum Corporationbenefits
Quantum Corporation Short-Term Disability & Paid Family Leave Benefit Plan · SAN JOSE, CA · plan year 2024
Broker compensation reported · 2024
$34,816
Quantum Corporation's benefits plans covered 455 active participants in 2024, providing short-term disability. Insurance premiums totaled $471,905. Insurance brokers and agents were paid $34,816 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $77 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.0% from $32,225 in 2023.
Insurance contracts · 20243
STANDARD INSURANCE COMPANY · life ltd$472K · 360 covered
VISION SERVICE PLAN · visionpremiums n/a · 268 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 360 covered
Brokers & agents paid · 20243
ABD INS. AND FINANCIAL SVCS., INC.$28,014 · incl $7,469 fees
NEWFRONT INSURANCE SERVICES, LLC$1,605
Also brokered by Abd Ins. and Financial Svcs., Inc.5
Alteryx, Inc. CA$922,341
Twist Bioscience Corporation CA$763,769
California Closets Holding AZ$669,885
Altern Marketing, LLC CA$615,720
Medallia, Inc. CA$555,956
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 942665054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.