Ohio Aluminum Industries, Inc.benefits
Ohio Aluminum Industries, Inc. Employee Benefit Plan · CLEVELAND, OH · plan year 2024
Ohio Aluminum Industries, Inc.'s benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,049,535. Insurance brokers and agents were paid $236,976 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.6% of premiums. That is $1,490 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341052514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.