Plan Ledger DOL Form 5500 · updated monthly

Nexrep, LLCbenefits

Nexrep Welfare Benefits Plan · PORTLAND, ME · plan year 2024

Broker compensation reported · 2024
$63,728

Nexrep, LLC's benefits plans covered 142 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $63,728 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $449 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 13% from $73,383 in 2023.

Insurance contracts · 20244
UNITEDHEALTHCARE INSURANCE COMPANY · health drug ppopremiums n/a · 150 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 114 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 147 covered
UNUM INSURANCE COMPANYpremiums n/a · 46 covered
Brokers & agents paid · 20242
CROSS INSURANCE, INC.$53,153 · incl $7,352 fees
JAMES R. NELLIGAN & ASSOCIATES$10,575 · incl $10,575 fees
Also brokered by Cross Insurance, Inc.5
Innovive Health MA$303,907

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272298410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.