Palo Alto Networksbenefits
Palo Alto Networks Welfare Benefit Plan · SANTA CLARA, CA · plan year 2024
Palo Alto Networks's benefits plans covered 8,661 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,278,596. Insurance brokers and agents were paid $298,666 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 145% from $121,858 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202530195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.