Plan Ledger DOL Form 5500 · updated monthly

Mks Instruments, Inc.benefits

The Mks Instruments, Inc. Welfare Benefits Plan · ANDOVER, MA · plan year 2024

Broker compensation reported · 2024
$377,679

Mks Instruments, Inc.'s benefits plans covered 2,813 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $97,373. Insurance brokers and agents were paid $377,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 387.9% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.0% from $381,600 in 2023.

Insurance contracts · 20249
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug$97K · 10 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 127 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 2,816 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 40 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 121 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 8 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 17 covered
PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY · ltdpremiums n/a · 2 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS ADMIN$54,091 · incl $54,091 fees
MERCER HEALTH AND BENEFITS, LLC$323,588 · incl $31,700 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042277512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.