Southtowne Motors of Newnan, Incbenefits
Southtowne Motors of Newnan Welfare Benefits Plan · NEWNAN, GA · plan year 2025
Southtowne Motors of Newnan, Inc's benefits plans covered 155 active participants in 2025, providing health · dental · vision · life · short-term disability · long-term disability · other. Insurance premiums totaled $1,393,914. Insurance brokers and agents were paid $226,064 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.2% of premiums. That is $1,458 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.8x the $38,816 reported for 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 581984582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.