Nelnet, Inc.benefits

Nelnet, Inc.'s benefits plans covered 5,905 active participants in 2024. Insurance premiums totaled $159,549. Insurance brokers and agents were paid $499,641 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 313.2% of premiums. That is $85 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $596,313 in 2023.