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Sponsor portfolioWelfare / HealthEIN 13-2968367

FORMOSA PLASTICS CORPORATION, U.S.A

PETER LIMONE · LIVINGSTON, NJ 070395702
9737167487
Plans filed
2
Years active
2015–2024
Industry
NAICS 32
Latest filing
2024
Total premiums (latest)
$4.4M
No prior year
Persons covered
6,924
No prior year
Total participants
3,846
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$4.4M
FORMOSA PLASTICS CORPORATION, U.S.A. EMPLOYEE BENEFIT PLAN (ACTIVE AND RETIREE)
Mixed6,924 covered·4 carriers
Primary: PRUDENTIAL INSURANCE COMPANY OF AMERICA
Plan #502$0
FORMOSA PLASTICS CORPORATION, U.S.A. HEALTH REIMBURSEMENT ARRANGEMENT PLAN
Unknown0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Life$2.0M46.9%
Long-term disability$1.8M41.9%
Health$381K8.7%
Other$107K2.5%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
PRUDENTIAL INSURANCE COMPANY OF AMERICA
EIN 221211670
L
$2.0M46.9%116,924
LIFE INSURANCE COMPANY OF NORTH AMERICA
EIN 231503749
LTD
$1.8M41.9%113,422
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
HOth
$489K11.2%122,568

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
GALLAGHER BENEFIT SERVICES, INC.ARLINGTON HEIGHTS, ILLIFE INSURANCE COMPANY OF NORTH AMERICA, PRUDENTIAL INSURANCE COMPANY OF AMERICA$228K$36K$264K58.1%1
CUSTOM BENEFIT PROGRAMS INCBOSTON, MAMETROPOLITAN GENERAL INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY$173K$16K$189K41.7%1
IMGINDIANAPOLIS, INPRUDENTIAL INSURANCE COMPANY OF AMERICA$0$1K$1K0.2%1

History & trajectory

10 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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