Plan Ledger DOL Form 5500 · updated monthly

Robinhood Markets, Inc.benefits

Robinhood Markets, Inc. Welfare Benefits Plan · MENLO PARK, CA · plan year 2025

Broker compensation reported · 2025
$28,228

Robinhood Markets, Inc.'s benefits plans covered 2,445 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $28,228 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $12 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.1% from $27,367 in 2024.

Insurance contracts · 20252
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 2,452 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 215 covered
Brokers & agents paid · 20253
UNKNOWN$21,280 · incl $21,280 fees
SEQUOIA BENEFITS & INS. SVCS., LLC$117 · incl $117 fees
Also brokered by Unknown5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 464364776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.