Plan Ledger DOL Form 5500 · updated monthly

Align Technologybenefits

Align Technology, Inc. Health and Welfare Plan · SAN JOSE, CA · plan year 2024

Broker compensation reported · 2024
$589,999

Align Technology's benefits plans covered 2,242 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $589,999 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $263 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $532,544 in 2023.

Insurance contracts · 202415
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 34 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,056 covered
CLAREMONT BEHAVIORAL SERVICESpremiums n/a · 2,242 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 418 covered
METLIFE LEGAL PLANSpremiums n/a · 262 covered
AETNA LIFE INSURANCE COMPANY · dentalpremiums n/a · 362 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 30 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug dental vision hmo ppopremiums n/a · 9 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 2,242 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 243 covered
COMBINED INSURANCE COMPANYpremiums n/a · 42 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 1,934 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 264 covered
Brokers & agents paid · 20246
BURNHAM BENEFITS INSURANCE SERVICES$554,451 · incl $70,312 fees
LONG TERM CARE SOLUTIONS$7,990
CHRISTINE MCCULLUGH$5,730
THE BALDWIN GROUP WEST, LLC$1,910
LIFE PLANS INC$46 · incl $46 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 943267295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.