Solix, Inc.benefits
Solix, Inc. Group Health and Welfare Plan · PARSIPPANY, NJ · plan year 2024
Solix, Inc.'s benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $166,009. Insurance brokers and agents were paid $10,986 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 52% from $7,228 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223741663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.