Plan Ledger DOL Form 5500 · updated monthly

National Federation of Independent Business, Inc.benefits

Group Health and Welfare Plan for the Employees of the National Federation of Independent Business · NASHVILLE, TN · plan year 2024

Broker compensation reported · 2024
$87,464

National Federation of Independent Business, Inc.'s benefits plans covered 554 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $87,464 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $158 per covered person, below the median for employer plans that report broker pay. Broker pay fell 31% from $126,032 in 2023.

Insurance contracts · 20245
NATIONAL UNION FIRE INS. CO. OF PITTSBURG, PApremiums n/a · 554 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 554 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 14 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURCH, PApremiums n/a · 282 covered
Brokers & agents paid · 20245
Also brokered by Digital Insurance Inc5
Commure, Inc. CA$350,750
Formagrid, Inc. CA$345,762

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 940707299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.