Ray Catena Motor Car Corporationbenefits
Ray Catena Motor Car Corporation Employee Benefits Plan · EDISON, NJ · plan year 2024
Ray Catena Motor Car Corporation's benefits plans covered 952 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $378,616. Insurance brokers and agents were paid $44,576 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.4% from $48,646 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222368198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.