Howard Hughes Medical Institutebenefits
Howard Hughes Medical Institute Welfare Benefit Plan · CHEVY CHASE, MD · plan year 2024
Broker compensation reported · 2024
$320,313
Howard Hughes Medical Institute's benefits plans covered 2,548 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $320,313 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay fell 21% from $403,209 in 2023.
Insurance contracts · 20246
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 277 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 120 covered
HARTFORD FIRE INSURANCE COMPANYpremiums n/a · 2,643 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 2,563 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 2,554 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 1,936 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$319,128 · incl $13,689 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 590735717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.