Morgan Lewis & Bockius LLPbenefits
Morgan Lewis & Bockius LLP Master Welfare Benefit Plan · PHILADELPHIA, PA · plan year 2024
Morgan Lewis & Bockius LLP's benefits plans covered 3,484 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $372,391. Insurance brokers and agents were paid $457,648 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 122.9% of premiums. That is $131 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $407,572 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 230891050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.