Plan Ledger DOL Form 5500 · updated monthly

Northland Investment Corporationbenefits

Northland Investment Corporation Employee Benefits Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$240,912

Northland Investment Corporation's benefits plans covered 667 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $6,065,997. Insurance brokers and agents were paid $240,912 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $200,046 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental$6.1M · 876 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 667 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 19 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES, INC.$219,937 · incl $66,642 fees
INDIGO INSURANCE SERVICES, LLC$20,480 · incl $20,480 fees
M FINANCIAL HOLDINGS INCORPORATED$495 · incl $20 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223137052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.