Plan Ledger DOL Form 5500 · updated monthly

The Mathworks, Inc.benefits

The Mathworks, Inc. Welfare Benefit Plan · NATICK, MA · plan year 2024

Broker compensation reported · 2024
$79,862

The Mathworks, Inc.'s benefits plans covered 6,573 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $4,216,580. Insurance brokers and agents were paid $79,862 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $12 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 30% from $61,613 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$4.2M · 7,478 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 6,573 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 3,802 covered
COMPSYCH CORPORATIONpremiums n/a · 3,822 covered
Brokers & agents paid · 20243
WILLIS TOWERS WATSON INS SVCS WEST$37,404 · incl $37,404 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Vca Inc. CA$4,086,268

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 942960235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.