Microchip Technology Incorporatedbenefits
Microchip Technology Incorporated Employee Benefit Plan · CHANDLER, AZ · plan year 2025
Broker compensation reported · 2025
$643,542
Microchip Technology Incorporated's benefits plans covered 5,287 active participants in 2025, providing health · life · vision · long-term disability · other. Insurance brokers and agents were paid $643,542 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $122 per covered person, below the median for employer plans that report broker pay. Broker pay rose 1.5% from $633,724 in 2024.
Insurance contracts · 20259
HEALTH AND HUMAN RESOURCE CENTERpremiums n/a · 1,031 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PApremiums n/a
ARAG INSURANCE COMPANYpremiums n/a · 2,518 covered
EYEMED VISION CARE · visionpremiums n/a · 3,876 covered
EYEMED VISION CARE · visionpremiums n/a · 66 covered
FOUR EVER LIFE INS CO. · healthpremiums n/a · 15 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 8,437 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 2,537 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 120 covered
Brokers & agents paid · 20256
GBS ARIZONA$102,486
AGIS NETWORK INSURANCE SERVICE$102,486
GBS ARIZONA, INC.$60,298
GBS BENEFITS, INC.$20,195
GBS ARIZONA INC$356,081 · incl $38,994 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 860629024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.