Nacco Natural Resources Corporationbenefits
The North American Coal Corporation Insured Welfare Benefit Plan · PLANO, TX · plan year 2024
Nacco Natural Resources Corporation's benefits plans covered 1,632 active participants in 2024, providing life · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $223,624. Insurance brokers and agents were paid $10,135 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 90% from $105,821 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341554846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.