Sysco Corporationbenefits
Sysco Corporation Group Benefit Plan · HOUSTON, TX · plan year 2024
Sysco Corporation's benefits plans covered 39,708 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,487,316. Insurance brokers and agents were paid $936,812 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.7% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.8% from $994,539 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741648137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.