Plan Ledger DOL Form 5500 · updated monthly

Ferring Pharmaceuticals Inc.benefits

Ferring Pharmaceuticals Inc. Employee Benefit Plan · PARSIPPANY, NJ · plan year 2024

Broker compensation reported · 2024
$109,169

Ferring Pharmaceuticals Inc.'s benefits plans covered 936 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,290,502. Insurance brokers and agents were paid $109,169 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 88% from $58,032 in 2023.

Insurance contracts · 202410
DELTA DENTAL OF NEW JERSEY, INC. · dental$1.3M · 2,050 covered
AETNA LIFE INSURANCE COMPANY · visionpremiums n/a · 2,026 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 741 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 935 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 491 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 935 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 935 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 224 covered
HEALTH ADVOCATE SOLUTIONS INC.premiums n/a · 1,018 covered
Brokers & agents paid · 20243
MERCER HEALTH AND BENEFITS ADMIN$59,942 · incl $3,784 fees
MERCER HEALTH AND BENEFITS, LLC$38,996 · incl $1,207 fees
WINSTON FINANCIAL SERVICES, INC.$10,231 · incl $10,231 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 541179881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.