National Association of Mutual Insurance Companiesbenefits
National Association of Mutual Insurance Companies Group Insurance Trust · INDIANAPOLIS, IN · plan year 2024
National Association of Mutual Insurance Companies's benefits plans covered 2,027 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $423,376. Insurance brokers and agents were paid $148,120 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.0% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay fell 53% from $314,065 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350539460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.