Highway Motors, Inc.benefits
Highway Motors, Inc. Welfare Benefit Plan · ROANOKE, VA · plan year 2025
Broker compensation reported · 2025
$66,221
Highway Motors, Inc.'s benefits plans covered 115 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $66,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $576 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.0% from $61,298 in 2024.
Insurance contracts · 20256
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health visionpremiums n/a · 102 covered
ANTHEM HEALTH PLANS OF VIRGINIA DBA ANTHEM BCBS · dental visionpremiums n/a · 163 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 310 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 236 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 75 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 116 covered
Brokers & agents paid · 20254
MARSH & MCLENNAN AGENCY$24,436 · incl $24,436 fees
MCGRIFF INSURANCE SERVICES LLC$23,272 · incl $18,211 fees
MCGRIFF, A MARSH & MCLENNAN AGENCY$16,572 · incl $5,350 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643
Truist Financial Corporation NC$2,912,639
The Goodyear Tire & Rubber Company OH$1,999,036
Netcracker Technology Corporation MA$1,935,435
Breeze Aviation Group, Inc UT$1,518,374
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 540461012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.