Nibco Inc.benefits
Nibco Group Insurance Plan · ELKHART, IN · plan year 2025
Broker compensation reported · 2025
$51,449
Nibco Inc.'s benefits plans covered 1,631 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $818,617. Insurance brokers and agents were paid $51,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 56% from $32,927 in 2024.
Insurance contracts · 20259
DELTA DENTAL OF INDIANA · dental$819K · 2,857 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 1,631 covered
HARTFORD FIRE INSURANCE COMPANYpremiums n/a · 1,631 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,428 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 1,631 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 1,631 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,631 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,631 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,631 covered
Brokers & agents paid · 20254
WILLIS TOWERS WATSON INS SVCS$14,764 · incl $14,764 fees
WILLIS TOWERS WATSON NORTHEAST INC$922 · incl $922 fees
WILLIS TOWERS WATSON MIDWEST, INC$58 · incl $58 fees
Also brokered by Wtw5
Prysmian Cables and Sys. USA, LLC KY$2,501,925
Graphic Packaging International, LLC GA$1,575,523
Pilot Travel Centers, LLC TN$1,533,100
First-Citizens Bank & Trust Company NC$1,355,610
Flynn Restaurant Group OH$1,340,297
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 350552560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.