Plan Ledger DOL Form 5500 · updated monthly

Networx Systems Inc.benefits

Networx Health and Welfare Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$56,535

Networx Systems Inc.'s benefits plans covered 91 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $56,535 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $621 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 46% from $105,217 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 119 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 91 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 91 covered
Brokers & agents paid · 20242
WORLD INSURANCE ASSOCIATES, LLC$40,310 · incl $33,718 fees
FNA INSURANCE SERVICES, INC.$16,225 · incl $16,225 fees
Also brokered by World Insurance Associates, LLC5
Kaleris GA$212,228

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201463326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.