Schneider Electric Holdings, Inc.benefits
Schneider Electric Benefit Program for US Employees · WESTMONT, IL · plan year 2024
Broker compensation reported · 2024
$331,469
Schneider Electric Holdings, Inc.'s benefits plans covered 20,303 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $331,469 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $261,799 in 2023.
Insurance contracts · 20245
FEDERAL INSURANCE COMPANYpremiums n/a · 20,303 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 20,455 covered
METROPOLITAN LIFE INSURANCE COMPANY · std ltdpremiums n/a · 34,264 covered
METLIFE LEGAL PLANSpremiums n/a · 4,111 covered
METROPOLITAN LIFE INSURANCE COMPANY · stdpremiums n/a · 180 covered
Brokers & agents paid · 20243
MERCER HEALTH & BENEFITS - CHI$280,821
MERCER HEALTH & BENEFITS LLC$41,215 · incl $285 fees
JAMES R GNASTER$9,433
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364141566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.