Plan Ledger DOL Form 5500 · updated monthly

Nika Technologies, Inc.benefits

Nika Technologies, Inc. Health and Welfare Benefits Plan · ROCKVILLE, MD · plan year 2024

Broker compensation reported · 2024
$93,989

Nika Technologies, Inc.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $93,989 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $777 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.0x the $31,091 reported for 2023.

Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 164 covered
Brokers & agents paid · 20244
MELTZER GROUP INC.$60,822
MCGRIFF INSURANCE SERVICES INC$7,037 · incl $7,037 fees
MCGRIFF INSURANCE SERVICES$40 · incl $40 fees
Also brokered by Meltzer Group Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522089785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.