Edelman Financial Engines, LLCbenefits
Edelman Financial Engines, LLC Flexible Benefits Plan · FAIRFAX, VA · plan year 2024
Edelman Financial Engines, LLC's benefits plans covered 1,552 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $262,574. Insurance brokers and agents were paid $417,430 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 159.0% of premiums. That is $269 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $574,728 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 943250323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.