Plan Ledger DOL Form 5500 · updated monthly

Nec Corporation of Americabenefits

Welfare Benefits Plan of Nec Corporation of America and Its Affiliates · IRVING, TX · plan year 2024

Broker compensation reported · 2024
$38,832

Nec Corporation of America's benefits plans covered 551 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $38,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 18% from $47,482 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 512 covered
ARAG SERVICES, LLCpremiums n/a · 222 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 611 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 131 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$38,563 · incl $10,272 fees
IMG$269 · incl $269 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200665337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.