Plan Ledger DOL Form 5500 · updated monthly

Simspace Corporationbenefits

Simspace Corporation Health & Welfare Plan · BOSTON, MA · plan year 2025

Broker compensation reported · 2025
$75,103

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.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health drug dental$2.6M · 179 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 202 covered
VISION SERVICE PLAN · visionpremiums n/a · 159 covered
Brokers & agents paid · 20252
SENTINEL INSURANCE AGENCY, INC.$69,288 · incl $11,721 fees
INDIGO INSURANCE SERVICES LLC$5,815 · incl $5,815 fees
Also brokered by Sentinel Insurance Agency, Inc.5

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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.