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