New Energy Works of Rochester Incbenefits
New Energy Works Welfare Benefit Plan · FARMINGTON, NY · plan year 2023
Broker compensation reported · 2023
$61,211
New Energy Works of Rochester Inc's benefits plan covered 114 active participants in 2023, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $1,177,367. Insurance brokers and agents were paid $61,211 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $537 per covered person, in the top quarter of employer plans that report broker pay.
Insurance contracts · 20237
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.1M · 112 covered
EXCELLUS BLUE CROSS BLUE SHIELD · dental$100K · 117 covered
VISION SERVICE PLAN · visionpremiums n/a · 93 covered
COMPANION LIFE INSURANCE COMPANYpremiums n/a · 42 covered
COMPANION LIFE INSURANCE COMPANYpremiums n/a · 148 covered
MUTUAL OF OMAHA INSURANCE COMPANY · stdpremiums n/a · 148 covered
MUTUAL OF OMAHA INSURANCE COMPANY · lifepremiums n/a · 148 covered
Brokers & agents paid · 20236
SIMCO CAPITAL LTD$45,852
JAMES R NELLIGAN AND ASSOCIATES LLC$1,630 · incl $810 fees
JAMES R. NELLIGAN & ASSOCIATES, LLC$4,982 · incl $2,270 fees
Also brokered by Simco Capital LTD1
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 161212128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.