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.
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.
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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.