Thermo Fisher Scientific Inc.benefits

Buisness Travel Accident Plan · PITTSBURGH, PA · plan year 2024

Previously filed as Thermo Fisher Scientific, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024

$1,569,871

Thermo Fisher Scientific Inc.'s benefits plans covered 54,324 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $1,569,871 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $29 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 6.0% from $1,481,264 in 2023.

Insurance contracts · 202411
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 54,324 covered
UPMC HEALTH OPTIONS · health drugpremiums n/a · 1,357 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 50,966 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health drug hmopremiums n/a · 365 covered
METLIFE LEGAL PLANSpremiums n/a · 8,006 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 2,384 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug dental vision ppopremiums n/a · 19 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 45,078 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 74,046 covered
SPRING HEALTHpremiums n/a · 52,183 covered
QUARTZ HEALTH BENEFIT PLANS CORPORATION · health drug hmo ppopremiums n/a · 2,282 covered

Brokers & agents paid · 20247
STRATEGIC BENEFIT ADVISORS INC$799,234 · incl $450,000 fees
BROWN & BROWN OF GEORGIA$73,491 · incl $12,143 fees
WILLIS TOWERS WATSON NORTHEAST, INC$41,959
BROWN & BROWN OF MASSACHUSETTS LLC$633,673 · incl $258,279 fees
BROWN & BROWN OF MASSACHUSETTS, LLC$10,448
BROWN AND BROWN OF MASSACHUSETTS$10,871 · incl $10,871 fees
BROWN AND BROWN OF ILLINOIS, INC$195 · incl $195 fees

Also brokered by Strategic Benefit Advisors Inc5
Eversource Energy Service Company CT$563,123
Perkinelmer, Inc. MA$359,116
President & Fellows of Harvard College Harvard Human Resources, Benefi MA$334,430
The Tennis Corporation of America IL$95,810
Memorial Hermann Health System TX$35,518

Why are you looking at this plan?

Thermo Fisher Scientific Inc.'s retirement plan: fees & contributions

How these broker payments compare nationally

Employer health plans in Pennsylvania

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042209186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.