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Sponsor portfolioWelfare / HealthEIN 98-0095901

MAGNA INTERNATIONAL OF AMERICA, INC.

Plans filed
4
Years active
2015–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$18.6M
No prior year
Persons covered
69,209
No prior year
Total participants
22,246
No prior year
Plans filed
4
No prior year

Plans under this sponsor

4 plans
Plan #510$8.7M
MAGNA INTERNATIONAL OF AMERICA, INC. LONG TERM DISABILITY PLAN
Fully insured24,746 covered·1 carrier
Primary: HARTFORD LIFE AND ACCIDENT
Plan #511$7.9M
MAGNA INTERNATIONAL OF AMERICA, INC. LIFE INSURANCE PLAN
Fully insured22,500 covered·2 carriers
Primary: HARTFORD LIFE AND ACCIDENT
Plan #502$2.1M
MAGNA INTERNATIONAL OF AMERICA, INC CONSOLIDATED PLAN 1 EMPLOYEE WELFARE BENEFIT PLAN
Mixed21,963 covered·2 carriers
Primary: VISION SERVICE PLAN
Plan #002$497
THE MAGNA GROUP OF COMPANIES RETIREMENT SAVINGS PLANS
Fully insured4 covered·1 carrier
Primary: NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Long-term disability$8.7M32.6%
Other$8.1M30.7%
Life$7.9M29.7%
Vision$1.8M7.0%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
HARTFORD LIFE AND ACCIDENT
EIN 060838648
LLTDOth
$16.6M88.8%2547,246
VISION SERVICE PLAN
EIN 061227840
V
$1.8M9.9%1118,655
WORKPLACE OPTIONS
EIN 202699271
Oth
$239K1.3%1121,963

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARSH & MCLENNAN AGENCY LLCKING OF PRUSSIA, PAHARTFORD LIFE AND ACCIDENT$0$363K$363K100.0%2

History & trajectory

11 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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