Databricks, Inc.benefits

Databricks, Inc.'s benefits plans covered 4,702 active participants in 2024. Insurance premiums totaled $929,444. Insurance brokers and agents were paid $838,904 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 90.3% of premiums. That is $178 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $655,015 in 2023.