Plan Ledger DOL Form 5500 · updated monthly

National Equity Fund, Inc.benefits

National Equity Fund, Inc. Employee Benefits Plan · CHICAGO, IL · plan year 2025

Broker compensation reported · 2025
$273,940

National Equity Fund, Inc.'s benefits plans covered 207 active participants in 2025, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $145,428. Insurance brokers and agents were paid $273,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 188.4% of premiums. That is $1,323 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 23% from $223,467 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · life$80K · 207 covered
STANDARD INSURANCE COMPANY · ltd$66K · 207 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 447 covered
VISION SERVICE PLAN · visionpremiums n/a · 193 covered
AMERITAS LIFE INSURANCE CORP · dentalpremiums n/a · 426 covered
Brokers & agents paid · 20256
HUB INTERNATIONAL MIDWEST LIMITED$235,571 · incl $224,884 fees
HUB INTERNATIONAL INSURANCE SERVICE$6,156 · incl $6,156 fees
JAMES R NELLIGAN AND ASSOC LLC$3,986
HUB INTERNATIONAL NE LIMITED$7,734 · incl $7,734 fees
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 363490231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.