Formosa Plastics Corporation, U.S.Abenefits
Formosa Plastics Corporation, U.S.A. Employee Benefit Plan (Active and Retiree) · LIVINGSTON, NJ · plan year 2024
Broker compensation reported · 2024
$453,946
Formosa Plastics Corporation, U.S.A's benefits plans covered 3,427 active participants in 2024, providing health · life · dental · long-term disability. Insurance brokers and agents were paid $453,946 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $132 per covered person, below the median for employer plans that report broker pay. Broker pay rose 69% from $268,499 in 2023.
Insurance contracts · 20244
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 418 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 3,422 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 6,924 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 2,568 covered
Brokers & agents paid · 20247
CUSTOM BENEFIT PROGRAMS INC$179,104 · incl $14,601 fees
GALLAGHER BENEFIT SERVICE$136,036
GALLAGHER BENEFIT SERVICES INC.$110,981 · incl $18,917 fees
GALLAGHER BENEFIT SERVICES, INC.$16,727 · incl $16,727 fees
CUSTOM BENEFIT PROGRAMS$9,542 · incl $1,202 fees
IMG$1,028 · incl $1,028 fees
CUSTOM BENEFITS PROGRAMS$528 · incl $528 fees
Also brokered by Custom Benefit Programs Inc5
Richard O Ellenburg NC$58,770,952
Tyson Foods, Inc. AR$5,322,065
Charter Communications, Inc. NC$2,240,854
Sodexo, Inc. MD$1,900,945
The Sherwin-Williams Company OH$1,252,455
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 132968367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.