Bill and Melinda Gates Foundationbenefits
Bill and Melinda Gates Foundation Welfare Benefits Plan · SEATTLE, WA · plan year 2024
Broker compensation reported · 2024
$553,727
Bill and Melinda Gates Foundation's benefits plans covered 2,351 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $553,727 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $236 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $495,409 in 2023.
Insurance contracts · 20246
FEDERAL INSURANCE COMPANYpremiums n/a · 2,351 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 95 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,999 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,999 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 1 covered
CURALINC, LLC, D.B.A. CURALINC HEALTHCAREpremiums n/a · 2,167 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$495,705 · incl $45,567 fees
WILLIS TOWERS WATSON US LLC$58,022
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 562618866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.