The Vanguard Group, Inc.benefits

The Vanguard Group, Inc.'s benefits plans covered 17,488 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,181,143. Insurance brokers and agents were paid $254,234 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $15 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 10% from $283,745 in 2023.