Smartbear Software Incbenefits
Smartbear Software Wrap Benefit Plan · SOMERVILLE, MA · plan year 2024
Smartbear Software Inc's benefits plans covered 321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,115,985. Insurance brokers and agents were paid $133,038 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $414 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $116,381 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 943340607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.