Plan Ledger DOL Form 5500 · updated monthly

Naval Systems, Inc. dba Nsibenefits

Naval Systems, Inc. Employee Benefits Plan · LEXINGTON PARK, MD · plan year 2024

Broker compensation reported · 2024
$172,647

Naval Systems, Inc. dba Nsi's benefits plans covered 322 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $172,647 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $536 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $202,718 in 2023.

Insurance contracts · 20242
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 474 covered
CAREFIRST OF MARYLAND, INC. · health drug ppopremiums n/a · 303 covered
Brokers & agents paid · 20241
HILB GROUP OF MARYLAND$172,647 · incl $105,236 fees
Also brokered by Hilb Group of Maryland5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522438690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.