Somfy Systems, Inc.benefits
Somfy Systems, Inc. Welfare Benefit Plan · DAYTON, NJ · plan year 2024
Broker compensation reported · 2024
$223,617
Somfy Systems, Inc.'s benefits plans covered 122 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $223,617 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,833 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 6.0% from $237,977 in 2023.
Insurance contracts · 20243
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 138 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 126 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 15 covered
Brokers & agents paid · 20244
PATRICK MORRIS$52,775 · incl $47,317 fees
JAMES P LESTRANGE$47,317 · incl $47,317 fees
DONALD C SAVOY INC$118,067 · incl $84,624 fees
JAMES LESTRANGE$5,458
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222182262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.