Plan Ledger DOL Form 5500 · updated monthly

Netspi LLCbenefits

Netspi LLC Welfare Benefit Plan · MINNEAPOLIS, MN · plan year 2025

Broker compensation reported · 2025
$207,017

Netspi LLC's benefits plans covered 448 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $207,017 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $462 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 23% from $167,740 in 2024.

Insurance contracts · 20252
RELIANCE STANDARD LIFE INSURANCE COMPANY · vision life ltdpremiums n/a · 682 covered
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 687 covered
Brokers & agents paid · 20255
NFP CORPORATE SERVICES (IL) INC$30,317 · incl $2,485 fees
WATCHTOWER TECHNOLOGIES INC$3,204 · incl $2,480 fees
NFP INSURANCE SERVICES INC$2,071 · incl $2,071 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 412002686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.