Biogen Inc.benefits
Biogen Health and Welfare Benefit Plan · CAMBRIDGE, MA · plan year 2024
Broker compensation reported · 2024
$419,122
Biogen Inc.'s benefits plans covered 4,266 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $419,122 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $98 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.2% from $437,273 in 2023.
Insurance contracts · 20247
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 4,258 covered
FOUR EVER LIFE INSURANCE COMPANY · health dentalpremiums n/a · 12 covered
VISION SERVICE PLAN · visionpremiums n/a · 3,713 covered
MINNESOTA LIFE INSURANCE COMPANY · lifepremiums n/a · 4,284 covered
MINNESOTA LIFE INSURANCE COMPANY · lifepremiums n/a · 4,442 covered
CARELON BEHAVIORAL HEALTH, INC.premiums n/a · 4,256 covered
HARTFORD LIFE AND ACCIDENT · ltdpremiums n/a · 4,258 covered
Brokers & agents paid · 20242
WILLIS TOWERS WATSON US LLC$414,630 · incl $127,313 fees
INDIGO INSURANCE SERVICES$4,492 · incl $4,492 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Home Depot USA, Inc. GA$5,392,359
Pacific Architects and Engineers, LLC VA$4,476,431
Amentum Government Services Parent Holding LLC MD$4,258,557
Vca Inc. CA$4,086,268
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330112644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.