Nestle USA, Inc Attn Health & Welfarebenefits
Short Term Disability Plan · SOLON, OH · plan year 2024
Previously filed as Nestle USA, Inc. Attn Health & Welfare. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Nestle USA, Inc Attn Health & Welfare's benefits plans covered 34,705 active participants in 2024, providing short-term disability. Insurance premiums totaled $10,997,409. Insurance brokers and agents were paid $510,091 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $15 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 23% from $415,715 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 951572209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.