Broadridge Financial Solutions, Incbenefits
Broadridge Financial Solutions, Inc. Supplemental Unemployment Benefit Plan · NEWARK, NJ · plan year 2024
Previously filed as Broadridge Financial Solutions, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Broadridge Financial Solutions, Inc's benefits plans covered 6,875 active participants in 2024. Insurance premiums totaled $1,255,047. Insurance brokers and agents were paid $494,373 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.4% of premiums. That is $72 per covered person, below the median for employer plans that report broker pay. Broker pay rose 131% from $213,998 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 331151291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.