Nu-Way Transportation Services, Incbenefits
Nu-Way Transportation Services, Inc · BLOOMINGTON, IL · plan year 2024
Previously filed as Nu-Way Transportation Services, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Nu-Way Transportation Services, Inc's benefits plans covered 355 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $5,264,888. Insurance brokers and agents were paid $56,190 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $158 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $50,197 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371328316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.