BAE Systems, Inc.benefits
BAE Systems Unfunded Welfare Benefit Plan · FALLS CHURCH, VA · plan year 2024
BAE Systems, Inc.'s benefits plans covered 36,110 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $227,004. Insurance brokers and agents were paid $10,177 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $0 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.3% from $10,420 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223537950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.