Nippon Steel Trading Americas Inc.benefits

Nippon Steel Trading Americas Inc. Health & Welfare Benefits Plan · SCHAUMBURG, IL · plan year 2024

Broker compensation reported · 2024

$88,650

Nippon Steel Trading Americas Inc.'s benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $88,650 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $836 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.8% from $85,365 in 2023.

Insurance contracts · 20243

BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 236 covered

DEARBORN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 113 covered

COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 7 covered

Brokers & agents paid · 20244

MARSH USA LLC$85,829

MARSH JCS INC$2,622

SUMITOMO LIFE INSURANCE AGENCY$56

4 individual agents · names withheld$143

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050

Why are you looking at this plan?

How these broker payments compare nationally

Employer health plans in Illinois

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 953106869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.