Scientific Design Company, Inc.benefits
Scientific Design Company, Inc. Employee Benefit Plan · LITTLE FERRY, NJ · plan year 2023
Scientific Design Company, Inc.'s benefits plan covered 112 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $163,477. Insurance brokers and agents were paid $49,491 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.3% of premiums. That is $442 per covered person, in the top quarter of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 742456494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.