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