Plan Ledger DOL Form 5500 · updated monthly

Figs, Inc.benefits

Figs, Inc. Employee Benefits Plan · SANTA MONICA, CA · plan year 2025

Broker compensation reported · 2025
$146,746

Figs, Inc.'s benefits plans covered 335 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $146,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $438 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $172,461 in 2024.

Insurance contracts · 20254
BANNER HEALTH AND AETNA HEALTH · healthpremiums n/a · 36 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 334 covered
AETNA HEALTH, INC · health hmopremiums n/a · 85 covered
AETNA LIFE INSURANCE CO. · health dental visionpremiums n/a · 463 covered
Brokers & agents paid · 20253
HEFFERNAN INSURANCE BROKERS$102,314 · incl $1,750 fees
WILLIS TOWERS WATSON NORTHEAST INC$41,864 · incl $153 fees
Also brokered by Heffernan Insurance Brokers5
Acumen, LLC CA$270,269

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 462005653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.