Globe Life Inc.benefits
Globe Life Inc. Group Health and Welfare Benefits Plan · MCKINNEY, TX · plan year 2024
Previously filed as Globe Life Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Globe Life Inc.'s benefits plans covered 2,034 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $387,405 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $190 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $350,285 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630780404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.