Lpl Financial, LLCbenefits
Lpl Financial, LLC Welfare Benefits Plan · SAN DIEGO, CA · plan year 2024
Broker compensation reported · 2024
$656,216
Lpl Financial, LLC's benefits plans covered 9,096 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $656,216 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $72 per covered person, below the median for employer plans that report broker pay. Broker pay rose 29% from $507,438 in 2023.
Insurance contracts · 20244
METLIFE LEGAL PLANSpremiums n/a · 1,609 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 1,624 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 9,096 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 4,772 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$656,216 · incl $136,636 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952834236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.