Plan Ledger DOL Form 5500 · updated monthly

New Jersey Resources Corporationbenefits

New Jersey Resources Corporation Group Life & Health Plan · WALL, NJ · plan year 2024

Broker compensation reported · 2024
$167,195

New Jersey Resources Corporation's benefits plans covered 1,153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $167,195 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $145 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.4% from $169,525 in 2023.

Insurance contracts · 20245
AETNA LIFE INSURANCE CO. · health drug visionpremiums n/a · 3,785 covered
DELTA DENTAL OF NEW JERSEY, INC. · dentalpremiums n/a · 1,685 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 1,340 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 1,300 covered
Brokers & agents paid · 20242
MERCER HEALTH & BENEFITS, LLC$63,149 · incl $63,149 fees
MERCER HEALTH & BENEFITS LLC$104,046 · incl $37,279 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222376465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.