Bytedance, Inc.benefits
Bytedance, Inc. Employee Health and Welfare Benefits Plan · CULVER CITY, CA · plan year 2024
Broker compensation reported · 2024
$545,527
Bytedance, Inc.'s benefits plans covered 12,286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $545,527 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 150% from $218,487 in 2023.
Insurance contracts · 20244
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 12,729 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 3 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 1,304 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 331 covered
Brokers & agents paid · 20243
STATEGIC NON-MEDICAL SOLUTION$320,698 · incl $118,276 fees
SEQUOIA BENEFITS & INS SVCS LLC$215,867 · incl $72,176 fees
SEQUOIA BENEFITS LLC$8,962
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 812345210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.