Newstat, PLLCbenefits
Newstat, LLC Welfare Benefit Plan · KNOXVILLE, TN · plan year 2025
Newstat, PLLC's benefits plans covered 244 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,740,518. Insurance brokers and agents were paid $182,144 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.5% of premiums. That is $746 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $156,600 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 814704105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.