Plan Ledger DOL Form 5500 · updated monthly

Fluence Energy LLCbenefits

Fluence Energy Health and Welfare Plan · ARLINGTON, VA · plan year 2024

Previously filed as Fluence Energy, LLC. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$633,250

Fluence Energy LLC's benefits plans covered 711 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $967,316. Insurance brokers and agents were paid $633,250 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.5% of premiums. That is $891 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 33% from $474,592 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · std$374K · 670 covered
STANDARD INSURANCE COMPANY · ltd$326K · 671 covered
THE STANDARD · life$267K · 671 covered
KAISER FOUNDATION HEALTH PLAN, INC. · healthpremiums n/a · 37 covered
UNITED HEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 1,648 covered
Brokers & agents paid · 20246
THE MELTZER GROUP, INC$295,221 · incl $218,055 fees
KELLY & ASSOC INSURANCE GROUP INC$195,782 · incl $16,853 fees
KELLY AND ASSOC INS GRP INC$106,959
MCGRIFF INSURANCE SERVICES$23,837 · incl $15,690 fees
Also brokered by The Meltzer Group, Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 822138818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.