Avnet, Incbenefits
Avnet Insured Plans · PHOENIX, AZ · plan year 2024
Broker compensation reported · 2024
$4,893
Avnet, Inc's benefits plans covered 2,729 active participants in 2024, providing health · vision · death benefits · other. Insurance brokers and agents were paid $4,893 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.2x the $1,163 reported for 2023.
Insurance contracts · 20247
VISION SERVICE PLAN · visionpremiums n/a · 1,917 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 55 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 2,729 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 36 covered
WORKPLACE OPTIONSpremiums n/a · 2,752 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 2,722 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,722 covered
Brokers & agents paid · 20241
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 111890605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.