First Trust Portfolios L.P.benefits

First Trust Portfolios L.P.'s benefits plans covered 1,007 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $45,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $45 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 21.7x the $2,071 reported for 2024.