Plan Ledger DOL Form 5500 · updated monthly

Nexteer Automotive Corporationbenefits

Nexteer Automotive Corporation Hourly Health & Welfare Plan · SAGINAW, MI · plan year 2024

Broker compensation reported · 2024
$68,488

Nexteer Automotive Corporation's benefits plans covered 1,692 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,640,411. Insurance brokers and agents were paid $68,488 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20248
DELTA DENTAL OF MICHIGAN · dental$1.6M · 3,887 covered
DELTA DENTAL OF MICHIGAN · dental$1.1M · 3,000 covered
DELAWARE AMERICAN LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 3 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 10 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 4,429 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 1,514 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 1,669 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 4,429 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$68,488 · incl $42,867 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261668808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.