Plan Ledger DOL Form 5500 · updated monthly

Syn-Tech Systems, Inc.benefits

Syn-Tech Systems, Inc. Comprehensive Welfare Plan · TALLAHASSEE, FL · plan year 2025

Broker compensation reported · 2025
$166,418

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.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug ppo$1.5M · 75 covered
CAPITAL HEALTH PLAN · health hmopremiums n/a · 136 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 172 covered
Brokers & agents paid · 20256
HUB FLORIDA$58,042
JOHN HOWARD$37,037
DOUGLAS SAUNDERS$12,093
HUB INTERNATIONAL LIMITED$11,203 · incl $11,203 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 592862052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.