Abb Inc.benefits
Abb Inc. Active Employee Group Benefit Plan · CARY, NC · plan year 2024
Broker compensation reported · 2024
$947,212
Abb Inc.'s benefits plans covered 14,344 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $947,212 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $66 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 36% from $1,477,729 in 2023.
Insurance contracts · 20248
HUMANA INSURANCE COMPANY · health drug ppopremiums n/a · 40 covered
EYEMED VISION CARE · visionpremiums n/a · 1 covered
EYEMED VISION CARE · visionpremiums n/a · 2 covered
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 70 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug dentalpremiums n/a · 5 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 134 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 20,824 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 14,344 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC.$943,451
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Champion, Inc MI$46,368,623
Home Depot USA, Inc. GA$5,392,359
Pacific Architects and Engineers, LLC VA$4,476,431
Amentum Government Services Parent Holding LLC MD$4,258,557
Vca Inc. CA$4,086,268
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363100018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.