Alibaba Groupbenefits
The Alibaba Group Plan · SUNNYVALE, CA · plan year 2024
Broker compensation reported · 2024
$128,621
Alibaba Group's benefits plans covered 337 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $128,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $382 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $109,211 in 2023.
Insurance contracts · 20245
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 453 covered
VISION SERVICE PLAN · visionpremiums n/a · 219 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 108 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 220 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 196 covered
Brokers & agents paid · 20243
AON CONSULTING INC$107,210
AON CONSULTING - SAN FRANCISCO$17,629 · incl $2,441 fees
AON CONSULTING & INSURANCE SERVICES$3,782 · incl $3,782 fees
Also brokered by Aon5
Walgreen Co. IL$25,664,274
Starbucks Corporation WA$8,285,057
Darden Restaurants, Inc. FL$6,649,156
Macy's, Inc. OH$5,287,224
Trinet HR III, Inc. CA$4,596,776
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 770536787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.