Plan Ledger DOL Form 5500 · updated monthly

Newwave Telecom & Technologies, Inc.benefits

Newwave Telecom & Technologies Health and Welfare Plan · COLUMBIA, MD · plan year 2024

Broker compensation reported · 2024
$21,986

Newwave Telecom & Technologies, Inc.'s benefits plans covered 142 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $21,986 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 17% from $26,519 in 2023.

Insurance contracts · 20243
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 44 covered
UNITEDHEALTHCARE INSURANCE COMPANY · dental visionpremiums n/a · 70 covered
LEGAL RESOURCESpremiums n/a · 15 covered
Brokers & agents paid · 20245
USI INSURANCE SERVICES, LLC$9,243 · incl $2,452 fees
FNA INSURANCE SERVICES, INC.$1,860
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201439479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.