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