Safety Insurance Group, Inc.benefits
Safety Insurance Group, Inc. Group Health and Welfare Plan · BOSTON, MA · plan year 2025
Safety Insurance Group, Inc.'s benefits plans covered 640 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,600,463. Insurance brokers and agents were paid $274,427 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $429 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 12% from $310,407 in 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042689624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.