Syn-Tech Systems, Inc.benefits
Syn-Tech Systems, Inc. Comprehensive Welfare Plan · TALLAHASSEE, FL · plan year 2025
Syn-Tech Systems, Inc.'s benefits plans covered 176 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,451,044. Insurance brokers and agents were paid $166,418 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.5% of premiums. That is $946 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $127,156 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 592862052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.