Block, Inc.benefits
Block, Inc. Health and Welfare Plan · OAKLAND, CA · plan year 2024
Broker compensation reported · 2024
$283,397
Block, Inc.'s benefits plans covered 8,200 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $283,397 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 42% from $488,162 in 2023.
Insurance contracts · 202412
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 951 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 8,200 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 8,734 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 8,734 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 8,734 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 2,663 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 155 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health drug hmopremiums n/a · 84 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 25 covered
COMPSYCH CORPORATIONpremiums n/a · 9,675 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · health drug hmopremiums n/a · 77 covered
COMBINED INSURANCEpremiums n/a · 293 covered
Brokers & agents paid · 20245
MERCER HEALTH AND BENEFITS ADMIN$180,966
MERCER HEALTH AND BENEFITS, LLC$68,526 · incl $68,526 fees
LTCI PARTNERS, LLC$19,665
RUTH LARKIN$8,476
J MANNING AND ASSOCIATES$5,764
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 800429876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.