APPLIED MATERIALS, INC.
EIN 94-1655526 · CA · Manufacturing — Heavy
2023: $29,985 shown as filed, excluded as a likely filing error · 2022: $29,862 shown as filed, excluded as a likely filing error
Benchmarked against: Manufacturing — Heavy · 10,001–50,000 employees · same industry, nationwide · n=73 employers (your plan plus 72 peers)
Your exact in-state peer group was below the 10-plan minimum, so the comparison broadens to same industry, nationwide within Manufacturing — Heavy.
15,308
(2024)
Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).
Funding
$522,831
Broker pay, employer-paid lines (2024)
$2.85
2024 · 54th pct vs peers · n=73
Lines disclosed: Dental · Life · Short-term disability · Long-term disability
Broker pay as a share of insured premium: 3.1% (peer median 3.6%, 44th percentile).
Without the 21 low-disclosure peers, this plan is at the 49th percentile of 52 comparable plans (your plan plus 51 peers).
Employer-paid $522,831 benchmarked for 2024 · $31,109 shown as filed, excluded as a likely filing error
Why excluded?
1 broker compensation line totaling $31,109 on the Form 5500 appears to be filing errors (a commission above 100% of the premium reported on that contract, or pay above $200 per participant per month or $50,000,000 on one line). We verified these amounts against the DOL EFAST publication — they are as filed by the plan sponsor, not an Unbrokered ingest error. Those lines are shown as filed and excluded from peer benchmarks and headline PEPM.
Showing 2024, the latest year with a complete peer group. A 2025 filing is on file and appears in broker history; it is not benchmarked yet.
Why 2024?
The figures above use 2024, the latest year we can compare with similar employers. A filing for 2025 is on file. Only a smaller plan has filed for 2025 so far. The main plan's filing is not in yet, so that year cannot carry the comparison. Rows for 2025 stay in the broker history and stay out of the headline and the peer comparison.
Broker commission rate by benefit line
What the broker earns on each insured line, as a share of that line's own premium — not a share of total broker pay, and not what the coverage cost. Peers for these tiles: same region, similar covered lives. Full table below. How the national rates are built.
Life
2.7%
Peer median 5.0%
Within peer rangeMedical
4.5%
Peer median 4.9%
No commission on this contractDental is filed only inside a bundled multi-line contract, so there is no single-line rate to compare. The bundle's effective rate is in the table below.
Vision is not on this filing as its own contract, so there is no peer rate to show for it.
This page shows what was filed. The report shows what it means.
- What the gap is worth — the dollar difference vs. peer median, including a 3-year view
- The current structure compared against levels comparable plans actually reported
- A committee-ready PDF: full broker breakdown, renewal question set, and disclosure-request letter included
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Broker Compensation Benchmark Report
Peer distributions · dollar quantification · 3-year trajectory · modeled alternatives
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Where the $522,831 across all lines goes
Each broker and each benefit line, in dollars
How much broker pay rides inside the premium
Base commission against bonuses and other carrier payments, all funded through premium
Whether this number is drifting
Compensation across every filed year, against the peer median
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Line-item breakdown, multi-year trend, and methodology-backed framing — ready for fiduciary oversight and recordkeeping.
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Benefits covered (latest filing)
From the Form 5500 welfare benefit codes — the authoritative list of what the plan covers.
Disclosure opacity
What this filing doesn't show
This filing discloses no compensation on a health or stop-loss contract for 2025 — the plan's largest lines are absent from the public record. That is typical for self-funded plans, not reassuring: 53% of self-funded health plans with 100+ participants disclose the same — nothing (42K plans reviewed, 2024 filings). How we count this. The compensation still exists — under ERISA Section 408(b)(2), it must be disclosed in writing to the plan fiduciary on request.
Get the 408(b)(2) disclosure request letter — a ready-to-send request for the compensation this filing doesn't show. Free with an employer account.
Broker history
Benefit lines covered by year — broker identity limited on public pages
The 2025 filings on file so far are from smaller plans; the main plan has not filed 2025 yet. The analysis year is 2024, the latest year that is complete and benchmarked.
Broker identity on this page is limited for public viewers. Sign in with your work email or share your plan basics for the full breakdown on your company.
Commission rates by benefit line
Each insured contract on the filing, with the broker's commission as a share of that contract's own premium. Premium is what was paid to the carrier for the coverage; only the commission column is broker pay.
Analysis year 2024 — the same year as the headline figure and per-participant rate above. The 2025 filings on file so far are from smaller plans; the main plan has not filed 2025 yet.
| Benefit line | Contract | Rate | vs. peers | Position |
|---|---|---|---|---|
| Life · contract 53242-2 | Prudential Insurance Company of America | 2.7% | med 5.0% | Within peer range |
| Life · contract 99069227 | Federal Insurance Company | 9.4% | med 5.0% | Within peer range |
| Medicalfiled as “Health” | Cigna Health and Life Insurance Company | 4.5% | med 4.9% | No commission on this contract |
Bundled and other contracts — no single-line peer comparison
A bundled contract covers two or more lines on one premium (for example Health + Dental). Its effective rate is the commission on the whole premium; it is shown for completeness and never compared with single-line peers, because the mix of lines inside the bundle sets the rate as much as the broker does.
| Covers | Contract | Effective rate | vs. peers |
|---|---|---|---|
| Life + Short-term disability + Long-term disability | Prudential Insurance Company of AmericaPlan 508 | 3.2% | Bundled; no single-line peer |
| Medical + Dental | Cigna Health and Life Insurance CompanyPlan 508 | 4.5% | Bundled; no single-line peer |
| Medical + Dental | Cigna Health and Life Insurance CompanyPlan 508 | 4.5% | Bundled; no single-line peer |
| Other benefitMEDICAL BENEFITS ABROAD | Cigna Health and Life Insurance CompanyPlan 508 | 10.0% | No comparable line |
| Medical + Dental | Cigna Health and Life Insurance CompanyPlan 508 | 4.9% | Bundled; no single-line peer |
| Life + Long-term disability | Delaware American Life Insurance of AmericaPlan 508 | 4.5% | Bundled; no single-line peer |
How the peer group for each line was built
- Life: n=91 contracts, West, 10001-50000 covered lives
- Medical: n=4,437 contracts, West, 1-100 covered lives
n = the number of peer contracts in that comparison group.
Everything in this table is from the 2024 filing. These 9 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on contracts with no premium reported or on Schedule C service-provider fees, which carry no contract rate. 2025 is not rated here. Its rows appear in Broker history above as filed — pick 2025 on the year chips there to see them.
Peer comparison here is contract-level: each line is matched to single-line contracts covering a similar number of lives. The geography and size band come from that cell's generated scope label. That is a different group from the plan-level peer set, which compares employers on total broker cost per employee, so the two sample sizes are not expected to agree. The national table on the research page includes every single-line contract on that benefit line. Company pages use the tightest cell with at least 10 contracts — region and size when those exist, otherwise national. The two medians answer different questions, so they are not expected to match. Contracts under $10,000 in premium are listed for completeness, with no rate or peer position. A near-zero rate on a large premium usually means the broker is paid elsewhere (through a bundled contract, a Schedule C fee, or commission on other lines), so no market position is shown for that contract.
Plans on file
Expand a plan to see its insured contracts and year-over-year history — the details someone on the plan can recognize and verify.
PN 508APPLIED MATERIALS, INC. WELFARE PLAN15K participants (2024)HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingSeveranceSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file
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PN 504APPLIED MATERIALS, INC. SHORT TERM DISABILITY PLAN6.3K participants (2025)Long-term disabilitySelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 5 years on file
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Covers = benefits reported on the Form 5500 (welfare benefit codes). Contracts = insured lines itemized on Schedule A; a self-funded medical line never appears there.
At a glance
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How do similar employers compare?
Employers in the same peer group (Manufacturing — Heavy, similar size), from public Form 5500 filings. Open one to see what it pays its broker.
- CLEVELAND-CLIFFS STEEL LLCIndianaCompensation disclosed →
- RIVIAN, LLCCaliforniaCompensation disclosed →
- DEERE & COMPANYIllinoisCompensation disclosed →
- HAIER US APPLIANCE SOLUTIONS, INCKentuckyCompensation disclosed →
- STANLEY BLACK & DECKER, INC.ConnecticutCompensation disclosed →
Browse more: California employer health plans · Manufacturing — Heavy plans in California · all states
Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Analysis year: 2024; newest plan year with a filing on file: 2025. Dataset refreshed October 7, 2026. Plan years are labeled by the year they begin, so a July 2024 – June 2025 plan year is 2024. Filings may lag 12–18 months behind the current plan year.
Report a data discrepancy
Unbrokered reports data as filed with the DOL. If you believe a figure is incorrect, tell us what it should be. We respond within 2 business days and, where the underlying filing has been amended, update on our next data refresh. We don't remove publicly filed information on request, but we do correct genuine errors.