Systems & Technology Researchbenefits
Systems and Technology Research Employee Benefits Plan · WOBURN, MA · plan year 2024
Broker compensation reported · 2024
$229,710
Systems & Technology Research's benefits plans covered 792 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $229,710 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $290 per covered person, above the median for employer plans that report broker pay. Broker pay rose 167% from $85,926 in 2023.
Insurance contracts · 20247
VISION SERVICE PLAN · visionpremiums n/a · 735 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 55 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 792 covered
HPHC INSURANCE COMPANY · health drug ppopremiums n/a · 792 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 792 covered
HARVARD PILGRIM HEALTH CARE · health drug hmo ppopremiums n/a · 298 covered
HPHC JOINT VENTURE UHG · health drug hmo ppopremiums n/a · 1,209 covered
Brokers & agents paid · 20243
LOCKTON COMPANIES, LLC$226,933 · incl $74,459 fees
HUB INTERNATIONAL NEW ENGLAND, LLC$2,581 · incl $321 fees
Also brokered by Lockton5
Universal Services of America, LP CA$6,163,025
National Medical Care, Inc. MA$4,519,777
Piedmont Healthcare, Inc. GA$3,346,874
Global Medical Response, Inc. TX$3,235,082
Banner Health AZ$3,011,257
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 273556936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.