Plan Ledger DOL Form 5500 · updated monthly

Buzzfeed, Inc.benefits

Buzzfeed, Inc. Welfare Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$210,252

Buzzfeed, Inc.'s benefits plans covered 559 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,421,552. Insurance brokers and agents were paid $210,252 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $376 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $242,979 in 2023.

Insurance contracts · 202411
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 135 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 188 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 906 covered
FIRST UNUM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 565 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 559 covered
FOUR EVER LIFE INSURANCE COMPANY · healthpremiums n/a · 559 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 36 covered
VISION SERVICE PLAN · visionpremiums n/a · 506 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 103 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 53 covered
Brokers & agents paid · 20247
MERCER HEALTH AND BENEFITS, LLC$197,049 · incl $17,474 fees
SEQUOIA BENEFITS, LLC$4,333 · incl $4,333 fees
MERCER HEALTH AND BENEFITS ADMIN$4,991 · incl $435 fees
SEQUOIA BENEFITS AND INSURANCE SERV$2,228
SEQUOIA BENEFITS INSURANCE SERVICES$685
EMPYREAN BENEFIT SOLUTIONS, INC.$920 · incl $920 fees
ANTHEM INSURANCE COMPANIES, INC.$46 · incl $46 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 873610738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.