Nw Automotive Group, LLCbenefits
Nw Automotive Group, LLC Welfare Benefit Plan · FARMINGTON HILLS, MI · plan year 2024
Nw Automotive Group, LLC's benefits plans covered 467 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,648,322. Insurance brokers and agents were paid $164,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $352 per covered person, above the median for employer plans that report broker pay. Broker pay rose 61% from $101,846 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383993534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.