Cie Newcorbenefits
Newcor Welfare Benefit Plan · CORUNNA, MI · plan year 2025
Cie Newcor's benefits plans covered 296 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,149,108. Insurance brokers and agents were paid $70,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay fell 68% from $220,990 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 380865770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.