Magna International of America, Inc.benefits

Magna International of America, Inc.'s benefits plans covered 21,963 active participants in 2025, providing health · dental · vision · other. Insurance brokers and agents were paid $363,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 46% from $248,750 in 2024.