Newday USAbenefits
Newday Financial, LLC Welfare Benefit Plan · WEST PALM BEACH, FL · plan year 2024
Broker compensation reported · 2024
$80,511
Newday USA's benefits plans covered 310 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $80,511 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $260 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.9% from $85,596 in 2023.
Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental visionpremiums n/a · 236 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 364 covered
Brokers & agents paid · 20244
RICHARD S BERNSTEIN & ASSOC INC$29,171 · incl $24,818 fees
HIGGINBOTHAM INSURANCE AGENCY INC$32,308 · incl $24,818 fees
RICHARD SAMUEL BERNSTEIN$9,516 · incl $8,202 fees
DAVID BLAIR ADAMS III$9,516 · incl $8,202 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223887207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.