Glaxosmithkline LLCbenefits
Glaxosmithkline Health and Welfare Benefits Plan for US Employees · DURHAM, NC · plan year 2024
Glaxosmithkline LLC's benefits plans covered 12,135 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,116,859. Insurance brokers and agents were paid $392,744 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.2% of premiums. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 24% from $315,642 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231099050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.