Lexicon Pharmaceuticals, Incbenefits
Lexicon Pharmaceuticals, Inc. Comprehensive Welfare Benefits Plan · THE WOODLANDS, TX · plan year 2024
Lexicon Pharmaceuticals, Inc's benefits plans covered 220 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $525,147. Insurance brokers and agents were paid $35,806 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay fell 85% from $235,997 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760474169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.