L3HARRIS Technologies, Inc.benefits

L3HARRIS Technologies, Inc.'s benefits plans covered 41,888 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,055,563. Insurance brokers and agents were paid $2,390,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 226.5% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 96% from $1,222,602 in 2023.