Plan Ledger DOL Form 5500 · updated monthly

Five Below, Inc.benefits

Five Below, Inc. Welfare Benefit Plan · PHILADELPHIA, PA · plan year 2025

Broker compensation reported · 2025
$130,020

Five Below, Inc.'s benefits plans covered 7,227 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $527,159. Insurance brokers and agents were paid $130,020 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.7% of premiums. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.0x the $25,833 reported for 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · ltd$352K · 6,974 covered
STANDARD INSURANCE COMPANY · life$175K · 6,971 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental hmopremiums n/a · 5,309 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,858 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 7,719 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 7,298 covered
Brokers & agents paid · 20252
MERCER HEALTH AND BENEFITS, LLC$126,490 · incl $7,220 fees
MERCER HEALTH AND BENEFITS$3,530 · incl $3,530 fees
Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 753000378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.