Plan Ledger DOL Form 5500 · updated monthly

Nicolia Industries, Inc.benefits

Nicolia Industries, Inc. Health & Welfare Benefit Plan · LINDENHURST, NY · plan year 2024

Broker compensation reported · 2024
$118,064

Nicolia Industries, Inc.'s benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $118,064 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $507 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $105,187 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 123 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK · lifepremiums n/a · 233 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 142 covered
Brokers & agents paid · 20244
STERLING AND STERLING, INC.$79,503 · incl $70,685 fees
PROFESSIONAL GROUP PLANS, INC.$27,057 · incl $27,057 fees
FNA INSURANCE SERVICES, INC.$11,503 · incl $11,503 fees
Also brokered by Sterling and Sterling, Inc.4
Big Geyser, Inc. NY$113,965

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 113308897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.