Plan Ledger DOL Form 5500 · updated monthly

Headway Technologies, Inc.benefits

Welfare Benefit Plan for the Employees of Headway Technologies, Inc. · MILPITAS, CA · plan year 2024

Broker compensation reported · 2024
$362,293

Headway Technologies, Inc.'s benefits plans covered 851 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $362,293 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $426 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.5% from $330,966 in 2023.

Insurance contracts · 20245
ANTHEM BLUE CROSS LIFE AND HEALTH INSURANCE COMPANY · health drug ppopremiums n/a · 592 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 780 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 810 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 239 covered
NATIONAL UNION FIRE INS CO OF PITTSBURGH, PApremiums n/a · 780 covered
Brokers & agents paid · 20244
MERCER HUMAN RESOURCE CONSULTING$13,267 · incl $13,267 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 770383260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.