Plan Ledger DOL Form 5500 · updated monthly

Systechcorp Incbenefits

Systechcorp Inc Employee Benefits Plan · SOUTH PLAINFIELD, NJ · plan year 2024

Broker compensation reported · 2024
$104,816

Systechcorp Inc's benefits plans covered 198 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $104,816 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $529 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 18% from $128,546 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 190 covered
PRINCIPAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 198 covered
Brokers & agents paid · 20242
SAMANTHA NANDYAIA$37,806
Also brokered by Pcf Insurance Services of the West5
Logan Health MT$831,853

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 832945717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.