Indeed, Inc.benefits

Indeed, Inc.'s benefits plans covered 6,563 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $1,038,645. Insurance brokers and agents were paid $361,612 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.8% of premiums. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 1.7% from $367,833 in 2023.