Mfg Solutions Inc dba Nextern Inc.benefits

Ng Top Holdings dba Nextern Innovation Health and Welfare Benefit Plan · WHITE BEAR LAKE, MN · plan year 2024

Broker compensation reported · 2024

$147,620

Mfg Solutions Inc dba Nextern Inc.'s benefits plans covered 218 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $194,976. Insurance brokers and agents were paid $147,620 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 75.7% of premiums. That is $677 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 25% from $117,659 in 2023.

Insurance contracts · 20244

DELTA DENTAL OF MINNESOTA · dental$195K · 306 covered

METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 330 covered

BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 171 covered

EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 231 covered

Brokers & agents paid · 20242

MARSH & MCLENNAN AGENCY LLC$144,324 · incl $27 fees

MARSH & MCLENNAN$3,296 · incl $3,296 fees

Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050

Why are you looking at this plan?

Mfg Solutions Inc dba Nextern Inc.'s retirement plan: fees & contributions

How these broker payments compare nationally

Employer health plans in Minnesota

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411998959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.