Plan Ledger DOL Form 5500 · updated monthly

Network Innovations, Inc.benefits

Network Innovations Welfare Benefit Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$160,505

Network Innovations, Inc.'s benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $160,505 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $704 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $134,676 in 2023.

Insurance contracts · 20246
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 414 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 222 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 222 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 222 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 101 covered
VISION SERVICE PLAN · visionpremiums n/a · 180 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$160,505 · incl $14,505 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364481206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.