Newell Operating Companybenefits
Newell Brands Employee Health and Welfare Plan · ATLANTA, GA · plan year 2024
Broker compensation reported · 2024
$321,431
Newell Operating Company's benefits plans covered 8,658 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $321,431 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.2% from $328,673 in 2023.
Insurance contracts · 202412
VISION SERVICE PLAN · visionpremiums n/a · 5,672 covered
HEALTH ADVOCATE SOLUTIONS INC.premiums n/a · 9,950 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental ppopremiums n/a · 1 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 12,754 covered
METROPOLITAN LIFE INSURANCE COMPANY · std ltdpremiums n/a · 5,194 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1,949 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1,773 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1,241 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · drugpremiums n/a · 632 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 12,360 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 819 covered
ANTHEM BLUE CROSS BLUE SHIELD · health drug ppopremiums n/a · 6 covered
Brokers & agents paid · 20244
MERCER HEALTH & BENEFITS ADMIN$145,092 · incl $16,384 fees
MERCER HEALTH & BENEFITS, LLC.$98,290 · incl $98,290 fees
MERCER HEALTH AND BENEFITS, LLC$13,084 · incl $13,084 fees
GALLAGHER BENEFIT SERVICES, INC.$64,965 · incl $63,909 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 361953130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.