Plan Ledger DOL Form 5500 · updated monthly

Simplisafe, Incbenefits

Simplisafe, Inc. Welfare Benefit Plan · BOSTON, MA · plan year 2025

Broker compensation reported · 2025
$174,238

Simplisafe, Inc's benefits plans covered 1,066 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $147,019. Insurance brokers and agents were paid $174,238 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 118.5% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 36% from $128,023 in 2024.

Insurance contracts · 20255
VISION SERVICE PLAN · vision$147K · 804 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 105 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,066 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,066 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 399 covered
Brokers & agents paid · 20254
HUB INTERNATIONAL MIDWEST$130,611 · incl $34,804 fees
JAMES R NELLIGAN & ASSOCIATES,LLC$3,185 · incl $3,185 fees
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 205367003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.