Macerich Management Companybenefits
Macerich Management Company Health and Welfare Benefits Plan · SANTA MONICA, CA · plan year 2024
Macerich Management Company's benefits plans covered 621 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $66,693. Insurance brokers and agents were paid $238,571 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 357.7% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.6x the $51,951 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 953776945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.