Simulation Technologies, Incbenefits
Mutual of Omaha · HUNTSVILLE, AL · plan year 2023
Broker compensation reported · 2023
$42,171
Simulation Technologies, Inc's benefits plans covered 187 active participants in 2023, providing life · long-term disability · short-term disability · vision. Insurance premiums totaled $2,860,032. Insurance brokers and agents were paid $42,171 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $226 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20233
BLUE CROSS BLUE SHIELD OF ALABAMA · health drug ppo$2.9M · 42 covered
MUTUAL OF OMAHA INSURANCE · life std ltdpremiums n/a · 187 covered
MUTUAL OF OMAHA INSURANCEpremiums n/a · 187 covered
Brokers & agents paid · 20231
EMPLOYEE BENEFIT STRATEGIES$42,171
Also brokered by Employee Benefit Strategies2
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 630843226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.