Plan Ledger DOL Form 5500 · updated monthly

Hyundai Motor Americabenefits

Life and Medical Plan of Hyundai Motor America · FOUNTAIN VALLEY, CA · plan year 2024

Broker compensation reported · 2024
$10,299

Hyundai Motor America's benefits plans covered 1,360 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,254,281. Insurance brokers and agents were paid $10,299 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.8% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 52% from $21,574 in 2023.

Insurance contracts · 20248
DELTA DENTAL OF CALIFORNIA · dental$1.3M · 2,804 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,334 covered
NATIONAL UNION FIRE INS CO OF PITTSBURGH, PApremiums n/a · 1,360 covered
DELTA DENTAL OF CALIFORNIA · dentalpremiums n/a · 372 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,334 covered
SPRING HEALTHpremiums n/a · 1,310 covered
UNUM INSURANCE COMPANYpremiums n/a · 443 covered
Brokers & agents paid · 20241
THE BALDWIN GROUP WEST LLC$10,299 · incl $224 fees
Also brokered by The Baldwin Group West LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330098815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.