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