Teijin Automotive Technologies, Incbenefits
Teijin Automotive Technologies Welfare Plan · AUBURN HILLS, MI · plan year 2024
Previously filed as Teijin Automotive Technologies, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Teijin Automotive Technologies, Inc's benefits plans covered 2,454 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance premiums totaled $857,932. Insurance brokers and agents were paid $276,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.3% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay rose 23% from $224,927 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522108862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.