Plan Ledger DOL Form 5500 · updated monthly

Joby Aero, Inc.benefits

Joby Aero Welfare Benefits Plan · SANTA CRUZ, CA · plan year 2025

Broker compensation reported · 2025
$163,553

Joby Aero, Inc.'s benefits plans covered 2,006 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $179,622. Insurance brokers and agents were paid $163,553 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 91.1% of premiums. That is $82 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.8x the $34,112 reported for 2024.

Insurance contracts · 20259
VISION SERVICE PLAN · vision$180K · 1,779 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 23 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 871 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 577 covered
MODERN HEALTHpremiums n/a · 1,995 covered
BLUE CROSS OF CALIFORNIA · health drug ppopremiums n/a · 2,095 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,890 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 2,006 covered
AETNA LIFE INSURANCE CO. · dentalpremiums n/a · 3,264 covered
Brokers & agents paid · 20254
DIGITAL INSURANCE INC.$53,440 · incl $53,440 fees
SEQUOIA BENEFITS AND INS SVCS LLC$14,937 · incl $14,937 fees
DIGITAL INSURANCE INC$94,483 · incl $94,483 fees
Also brokered by Digital Insurance Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 814458866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.