Plan Ledger DOL Form 5500 · updated monthly

Nciiabenefits

Employee Health and Welfare Plan · HADLEY, MA · plan year 2024

Broker compensation reported · 2024
$59,074

Nciia's benefits plans covered 130 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,639,523. Insurance brokers and agents were paid $59,074 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $454 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.0% from $55,190 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental vision$1.6M · 237 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 137 covered
Brokers & agents paid · 20242
JENNIFER A. BORISLOW INS. AGENCY$45,488
FULL SPECTRUM BENEFITS, INC.$13,586 · incl $3,025 fees
Also brokered by Jennifer a. Borislow Ins. Agency5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421727335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.