Plan Ledger DOL Form 5500 · updated monthly

Timetrade Systems Inc.benefits

Timetrade Systems Inc. dba Engageware Health and Welfare Plan · TEWKSBURY, MA · plan year 2023

Broker compensation reported · 2023
$9,194

Timetrade Systems Inc.'s benefits plan covered 84 active participants in 2023, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $9,194 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20231
USABLE LIFE · life std ltdpremiums n/a · 84 covered
Brokers & agents paid · 20231
Also brokered by Indigo Insurance Services5
Cytel, Inc. MA$100,374
Hp Hood LLC MA$82,130

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 043492866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.