Arkema Inc.benefits
Flexible Benefits Plan · KING OF PRUSSIA, PA · plan year 2024
Broker compensation reported · 2024
$434,918
Arkema Inc.'s benefits plans covered 3,385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $434,918 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $382,653 in 2023.
Insurance contracts · 20248
HEALTH AND HUMAN RESOURCE CENTERpremiums n/a · 59 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,659 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 3,280 covered
MINNESOTA LIFE INSURANCE COMPANY · lifepremiums n/a · 3,363 covered
MINNESOTA LIFE INSURANCE COMPANYpremiums n/a · 3,861 covered
MINNESOTA LIFE INSURANCE COMPANY · lifepremiums n/a · 3,782 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 1,637 covered
ARAG INSURANCE COMPANYpremiums n/a · 676 covered
Brokers & agents paid · 20243
MERCER HEALTH & BENEFITS LLC$306,800 · incl $52,149 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 230960890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.