Plan Ledger DOL Form 5500 · updated monthly

Nexen Group, Inc.benefits

Nexen Employee Benefit Plan · WEBSTER, WI · plan year 2024

Broker compensation reported · 2024
$13,892

Nexen Group, Inc.'s benefits plans covered 113 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $13,892 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $123 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.6% from $13,280 in 2023.

Insurance contracts · 20242
PRINCIPAL LIFE INSURANCE COMPANY · vision life ltdpremiums n/a · 211 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 60 covered
Brokers & agents paid · 20243
J A COUNTER ASSOCIATES INC$9,861 · incl $2,482 fees
J A COUNTER AND ASSOCIATES INC$2,919 · incl $204 fees
ALERA GROUP INC DBA ARMS$1,112 · incl $1,112 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411669760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.