Plan Ledger DOL Form 5500 · updated monthly

Smartbear Software Incbenefits

Smartbear Software Wrap Benefit Plan · SOMERVILLE, MA · plan year 2024

Broker compensation reported · 2024
$133,038

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.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS INC · health dental$4.1M · 604 covered
EYEMED VISION CARE · visionpremiums n/a · 528 covered
GUARDIAN · life std ltdpremiums n/a · 321 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE, INC.$107,463 · incl $29,069 fees
DIGITAL INSURANCE, LLC$20,069 · incl $4,594 fees
Also brokered by Digital Insurance, Inc.5

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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.