Continental Automotive, Inc.benefits
Welfare Benefits Plan for Employees of Continental-Automotive Systems · FORT MILL, SC · plan year 2024
Continental Automotive, Inc.'s benefits plans covered 2,176 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $529,468. Insurance brokers and agents were paid $174,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.0% of premiums. That is $80 per covered person, below the median for employer plans that report broker pay. Broker pay fell 58% from $418,612 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510304065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.