Plan Ledger DOL Form 5500 · updated monthly

Nidec Motor Corporationbenefits

Nidec Motor Corporation Welfare Benefits Plan · ST LOUIS, MO · plan year 2024

Broker compensation reported · 2024
$235,740

Nidec Motor Corporation's benefits plans covered 4,168 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $235,740 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 10% from $213,405 in 2023.

Insurance contracts · 20247
KAISER FOUNDATION HEALTH PLAN, INC. · health drugpremiums n/a · 227 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 3,099 covered
AULTCARE INSURANCE COMPANY · health drugpremiums n/a · 52 covered
H&H HEALTH ASSOCIATESpremiums n/a · 3,701 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,830 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 4,168 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 4,168 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$235,740 · incl $32,447 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 273330722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.