Meta Platforms, Inc.benefits
Meta Platforms, Inc. Health and Welfare Benefit Plan · MENLO PARK, CA · plan year 2024
Broker compensation reported · 2024
$822,181
Meta Platforms, Inc.'s benefits plans covered 57,801 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $822,181 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $722,470 in 2023.
Insurance contracts · 202411
FEDERAL INSURANCE COMPANYpremiums n/a · 57,801 covered
FOUR EVER LIFE INSURANCE CO. · health drug dental ppopremiums n/a · 41 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 8,015 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 57,293 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 57,692 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 643 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 57,801 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · health drug hmopremiums n/a · 1,014 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drugpremiums n/a · 126 covered
METLIFE LEGAL PLANSpremiums n/a · 23,313 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 23,966 covered
Brokers & agents paid · 20244
MERCER HEALTH AND BENEFITS, LLC.$600,000 · incl $600,000 fees
GALLAGHER BENEFIT SERVICES$71,414 · incl $6,096 fees
GALLAGHER BENEFIT SERVICES, INC.$139,096
IMG$11,671 · incl $11,671 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 201665019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.