Simspace Corporationbenefits
Simspace Corporation Health & Welfare Plan · BOSTON, MA · plan year 2025
Simspace Corporation's benefits plans covered 202 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $2,647,844. Insurance brokers and agents were paid $75,103 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $372 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.1% from $74,260 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 473273386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.