Resonac America Incbenefits
Showa Denko Materials (America), Inc. Health and Welfare Plan · SAN JOSE, CA · plan year 2024
Resonac America Inc's benefits plans covered 671 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $117,991. Insurance brokers and agents were paid $191,903 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 162.6% of premiums. That is $286 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $169,265 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 132829329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.