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Sponsor portfolioWelfare / HealthEIN 20-1036935

MAGNERA CORPORATION

9335 HARRIS CORNERS PARKWAY · CHARLOTTE, NC 28269
7176980201
Plans filed
1
Years active
2016–2024
Industry
NAICS 31
Latest filing
2024
Total premiums (latest)
$5.0M
No prior year
Persons covered
679
No prior year
Total participants
390
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$5.0M
MAGNERA INDUSTRIES ASHEVILLE, INC. HEALTH & WELFARE BENEFITS PLAN
Mixed679 covered·2 carriers
Primary: BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$4.7M43.5%
Prescription drug$4.7M43.5%
Life$351K3.3%
Short-term disability$351K3.3%
Long-term disability$351K3.3%
Other$351K3.3%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 560894904
HRx
$4.7M93.0%11679
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
LSTDLTDOth
$351K7.0%11389

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
DEREK CORNWALLCHARLOTTE, NCBLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA$103K$0$103K60.6%1
SHARON CUNNINGHAMCORNELIUS, NCBLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA$45K$0$45K26.2%1
WILLIS TOWERS WATSON US LLCRADNOR, PAUNUM LIFE INSURANCE COMPANY OF AMERICA$14K$9K$22K13.2%1

History & trajectory

9 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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