Plan Ledger DOL Form 5500 · updated monthly

National Business Supply Inc.benefits

Nbs Employee Benefits Plan · TROY, MI · plan year 2024

Broker compensation reported · 2024
$78,888

National Business Supply Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · vision · short-term disability · long-term disability. Insurance premiums totaled $1,954,851. Insurance brokers and agents were paid $78,888 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $475 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$1.5M · 136 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$311K · 31 covered
DELTA DENTAL OF MICHIGAN · dental$106K · 136 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 166 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 162 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 162 covered
Brokers & agents paid · 20245
ANDREW SCHEIDT$55,073
HYLANT GROUP$1,583 · incl $1,583 fees
HYLANT GROUP INC$8,697 · incl $1,114 fees
CENTRO BENEFITS RESEARCH LLC$3,792 · incl $3,792 fees
Also brokered by Andrew Scheidt3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381788918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.