Plan Ledger DOL Form 5500 · updated monthly

Pearson Education, Inc.benefits

Pearson Education, Inc. Welfare Benefit Plan · HOBOKEN, NJ · plan year 2024

Broker compensation reported · 2024
$485,847

Pearson Education, Inc.'s benefits plans covered 7,425 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $150,128. Insurance brokers and agents were paid $485,847 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 323.6% of premiums. That is $65 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 13% from $431,393 in 2023.

Insurance contracts · 20249
TRIPLE S SALUD, INC. · health drug hmo$150K · 25 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 127 covered
VISION SERVICE PLAN · visionpremiums n/a · 4,680 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 1,010 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 38 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug ppopremiums n/a · 7 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 7,294 covered
METLIFE LEGAL PLANSpremiums n/a · 880 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · lifepremiums n/a · 7,816 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC.$485,847 · incl $86,036 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 221603684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.