Plan Ledger DOL Form 5500 · updated monthly

Nexgen Team, LLCbenefits

Nexgen Team, LLC Employee Benefits Plan · PORTLAND, OR · plan year 2024

Broker compensation reported · 2024
$36,424

Nexgen Team, LLC's benefits plans covered 569 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $36,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 12% from $41,464 in 2023.

Insurance contracts · 20242
VISION SERVICE PLAN · visionpremiums n/a · 367 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 711 covered
Brokers & agents paid · 20245
BROWN & BROWN INSURANCE AGNCY OF VA$9,974 · incl $9,974 fees
Individual agent · names withheld$988

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 813596855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.