Plan Ledger DOL Form 5500 · updated monthly

Parexel International Corporationbenefits

Parexel International Corporation Health and Welfare Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$683,273

Parexel International Corporation's benefits plans covered 5,686 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $683,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $120 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $575,634 in 2023.

Insurance contracts · 202414
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 5 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 65 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug hmo ppopremiums n/a · 3 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 11 covered
FIRST UNUM LIFE INSURANCE COMPANYpremiums n/a · 96 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 2 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 5,383 covered
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 1,040 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 6,154 covered
TRANSAMERICA LIFE INSURANCE COMPANY · lifepremiums n/a · 132 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1,950 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 2,606 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1,863 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 654 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC.$448,148 · incl $73,739 fees
MERCER HEALTH AND BENEFITS ADMIN$235,125 · incl $45,277 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 042776269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.