Ginkgo Bioworks, Inc.benefits
Ginkgo Bioworks, Inc. Consolidated Welfare Benefits Plan · BOSTON, MA · plan year 2024
Ginkgo Bioworks, Inc.'s benefits plans covered 818 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,281,256. Insurance brokers and agents were paid $730,929 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $894 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 41% from $516,722 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 263118890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.