The Franklin Institutebenefits
The Franklin Institute Group Welfare Plan · PHILADELPHIA, PA · plan year 2025
The Franklin Institute's benefits plans covered 110 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,513,951. Insurance brokers and agents were paid $60,320 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $548 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.4x the $17,904 reported for 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 231370501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.