Plan Ledger DOL Form 5500 · updated monthly

Nixon Uniform Service, Inc.benefits

Nixon Uniform Service, Inc. Health and Welfare Plan · NEW CASTLE, DE · plan year 2024

Broker compensation reported · 2024
$50,950

Nixon Uniform Service, Inc.'s benefits plans covered 385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $561,352. Insurance brokers and agents were paid $50,950 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $132 per covered person, below the median for employer plans that report broker pay. Broker pay rose 24% from $41,001 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · dental$227K · 385 covered
STANDARD INSURANCE COMPANY · life$122K · 579 covered
STANDARD INSURANCE COMPANY · ltd$99K · 205 covered
STANDARD INSURANCE COMPANY · std$82K · 254 covered
STANDARD INSURANCE COMPANY · vision$32K · 362 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES$48,232 · incl $20,379 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510108047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.