Nitto Denko Avecia Inc.benefits
Nitto Denko Avecia Inc Flexible Benefits Plan · MILFORD, ME · plan year 2025
Nitto Denko Avecia Inc.'s benefits plans covered 591 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $5,902,566. Insurance brokers and agents were paid $289,798 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 65% from $175,526 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043302969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.