Adva Optical Networking North America, Inc.benefits
Group Life & Ad&D, LTD and Weekly Disability Income Insurance for Employees of Adva Optical Networking North America, Inc. · NORCROSS, GA · plan year 2023
Adva Optical Networking North America, Inc.'s benefits plans covered 330 active participants in 2023, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $5,134,331. Insurance brokers and agents were paid $365,842 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $1,109 per covered person, in the top 10% of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 770546619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.