Plan Ledger DOL Form 5500 · updated monthly

Neighborhood Health Plan of Rhode Islandbenefits

Neighborhood Health Plan of Rhode Island Section 125 Benefit Plan · SMITHFIELD, RI · plan year 2025

Broker compensation reported · 2025
$15,936

Neighborhood Health Plan of Rhode Island's benefits plans covered 709 active participants in 2025, providing health · life · vision · short-term disability · long-term disability · other. Insurance premiums totaled $448,783. Insurance brokers and agents were paid $15,936 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 $22 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 88% from $130,237 in 2024.

Insurance contracts · 20253
STANDARD INSURANCE COMPANY · life std ltd$449K · 709 covered
VISION SERVICE PLAN · visionpremiums n/a · 483 covered
AETNA LIFE INSURANCE CO · healthpremiums n/a · 1,257 covered
Brokers & agents paid · 20251
BROWN & BROWN INSURANCE SERVICES$15,936 · incl $15,936 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 050477052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.