Plan Ledger DOL Form 5500 · updated monthly

Newman Technology of Alabama Incbenefits

Newman Technology of Alabama Inc Welfare Benefits Plan · ALBERTVILLE, AL · plan year 2024

Broker compensation reported · 2024
$63,195

Newman Technology of Alabama Inc's benefits plans covered 247 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,570,693. Insurance brokers and agents were paid $63,195 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $256 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.8% from $61,466 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$1.6M · 421 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 356 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$63,195 · incl $5,586 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 455271120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.