Plan Ledger DOL Form 5500 · updated monthly

Simulations Plus, Inc.benefits

Simulations Plus Employee Welfare Benefit Plan · LANCASTER, CA · plan year 2024

Broker compensation reported · 2024
$209,494

Simulations Plus, Inc.'s benefits plans covered 186 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $209,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,126 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 35% from $155,507 in 2023.

Insurance contracts · 20243
BLUE CROSS OF CALIFORNIA · health drug dentalpremiums n/a · 377 covered
VISION SERVICE PLAN · visionpremiums n/a · 145 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 186 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$154,353 · incl $7,952 fees
WORD & BROWN INS. ADMN., INC.$55,141 · incl $55,141 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 954595609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.