Luvata Waterbury, Incbenefits
Luvata Waterbury, Inc. Welfare Benefits Plan · WATERBURY, CT · plan year 2025
Luvata Waterbury, Inc's benefits plans covered 105 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $61,377. Insurance brokers and agents were paid $39,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 63.7% of premiums. That is $372 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.5x the $7,160 reported for 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 161611733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.