Plan Ledger DOL Form 5500 · updated monthly

Newagesys, Inc.benefits

Newagesys, Inc. Health and Welfare Benefits Plan · PRINCETON, NJ · plan year 2024

Broker compensation reported · 2024
$7,052

Newagesys, Inc.'s benefits plans covered 186 active participants in 2024, providing life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $7,052 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $38 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 18% from $8,648 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 108 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$7,052 · incl $2,703 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 223333874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.