Plan Ledger DOL Form 5500 · updated monthly

Novelis Corporationbenefits

Novelis Health and Welfare Benefit Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$12,039

Novelis Corporation's benefits plans covered 4,062 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $12,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.1% from $11,037 in 2023.

Insurance contracts · 20244
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 3,463 covered
COMMUNITY INSURANCE COMPANY · health drug ppopremiums n/a · 4,062 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 7,373 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$12,039 · incl $11,524 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 412098321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.