Teradyne, Inc.benefits
Teradyne Corporate Health & Welfare Benefit Plan · NORTH READING, MA · plan year 2024
Broker compensation reported · 2024
$195,189
Teradyne, Inc.'s benefits plans covered 2,208 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $195,189 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay rose 31% from $148,741 in 2023.
Insurance contracts · 20248
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 3,632 covered
METROPOLITAN LIFE INSURANCE COMPANY · stdpremiums n/a · 130 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 94 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 287 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,202 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PApremiums n/a · 8,698 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PApremiums n/a · 8,698 covered
METLIFE LEGAL PLANSpremiums n/a · 493 covered
Brokers & agents paid · 20244
MERCER HEALTH & BENEFITS, LLC.$152,021 · incl $31,645 fees
MERCER HEALTH & BENEFITS ADMIN, LLC$39,355 · incl $2,706 fees
BENEFITFOCUS.CO, INC.$1,987 · incl $1,987 fees
MARSH EXECUTIVE BENEFITS, INC.$1,826
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 042272148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.