Plan Ledger DOL Form 5500 · updated monthly

National College of Business & Technology Company Inc.benefits

National College of Business & Technology Company Welfare Plan · SAN JUAN, PR · plan year 2024

Broker compensation reported · 2024
$128,359

National College of Business & Technology Company Inc.'s benefits plans covered 1,381 active participants in 2024, providing health · life · dental · death benefits · other. Insurance premiums totaled $176,773. Insurance brokers and agents were paid $128,359 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 72.6% of premiums. That is $93 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $117,220 in 2023.

Insurance contracts · 20242
MCS LIFE INSURANCE COMPANY · health drug dental stop-loss ppo$177K · 969 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 1,381 covered
Brokers & agents paid · 20242
FULCRO INSURANCE$122,472
INNOVA INSURANCE SERVICES$5,887
Also brokered by Fulcro Insurance5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660394377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.