Synthomer Incbenefits
Synthomer Flexible Benefits Plan · BEACHWOOD, OH · plan year 2025
Previously filed as Synthomer Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Synthomer Inc's benefits plans covered 581 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $372,572. Insurance brokers and agents were paid $36,258 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $62 per covered person, in the bottom quarter of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 341897652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.