Becton, Dickinson and Companybenefits
Group Life and Health Plan · FRANKLIN LAKES, NJ · plan year 2024
Becton, Dickinson and Company's benefits plans covered 23,733 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $60,257. Insurance brokers and agents were paid $870,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1445.3% of premiums. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 17% from $744,605 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 220760120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.