Lumen Technologies, Inc.benefits
Lumen Welfare Benefits Plan · MONROE, LA · plan year 2024
Lumen Technologies, Inc.'s benefits plans covered 21,757 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $15,120. Insurance brokers and agents were paid $1,692,264 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11192.2% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $1,483,709 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 720651161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.