Simpson Gumpertz & Heger Inc.benefits
Simpson Gumpertz & Heger Inc Employee Welfare Plan · WALTHAM, MA · plan year 2024
Simpson Gumpertz & Heger Inc.'s benefits plans covered 733 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $10,390,644. Insurance brokers and agents were paid $414,378 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $565 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 37% from $302,124 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042256923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.