Plan Ledger DOL Form 5500 · updated monthly

Nitto Denko Avecia Inc.benefits

Nitto Denko Avecia Inc Flexible Benefits Plan · MILFORD, ME · plan year 2025

Broker compensation reported · 2025
$289,798

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.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug$5.9M · 1,084 covered
DELTA DENTAL OF MASSACHUSETTS · dentalpremiums n/a · 751 covered
COMMUNITY INSURANCE COMPANY · dentalpremiums n/a · 333 covered
MAGELLAN HEALTHCARE, INC.premiums n/a · 457 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 591 covered
Brokers & agents paid · 20254
BROWN & BROWN OF MA LLC$234,016 · incl $56,591 fees
HAYS COMPANIES, INC.$49,254 · incl $5,223 fees
BROWN & BROWN INS. AGY OF VA, INC.$1,189 · incl $1,189 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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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.