Plan Ledger DOL Form 5500 · updated monthly

Scientific Systems Company, Inc.benefits

Scientific Systems Company, Inc., Welfare Benefit Plan · BURLINGTON, MA · plan year 2024

Broker compensation reported · 2024
$118,166

Scientific Systems Company, Inc.'s benefits plans covered 83 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $801,959. Insurance brokers and agents were paid $118,166 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.7% of premiums. That is $1,424 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 27% from $161,996 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug hmo$802K · 99 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 183 covered
BERKSHIRE LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 97 covered
Brokers & agents paid · 20243
PATRIOT GROWTH INSURANCE SERVICES$72,555 · incl $62,977 fees
PROFESSIONAL GROUP PLANS, INC.$44,042 · incl $44,042 fees
DMM ADVISORS$1,569
Also brokered by Patriot Growth Insurance Services5
Icr, Inc. CO$339,648

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043053085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.