Plan Ledger DOL Form 5500 · updated monthly

Norwood Sales, Inc.benefits

Norwood Sales Health and Welfare Benefit Plan · HORACE, ND · plan year 2024

Broker compensation reported · 2024
$60,566

Norwood Sales, Inc.'s benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $60,566 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $505 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 27% from $83,451 in 2023.

Insurance contracts · 20244
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 120 covered
SANFORD HEALTH PLAN · healthpremiums n/a · 146 covered
AFLACpremiums n/a · 82 covered
AFLACpremiums n/a · 4 covered
Brokers & agents paid · 202410
MARSH & MCLENNAN AGENCY LLC$41,351 · incl $3,544 fees
COLE CASEY CROMPTON$7,597 · incl $528 fees
HKG INSURANCE SOLUTIONS LLC$3,367 · incl $3,367 fees
ANDREW MJONESS$3,495 · incl $131 fees
THOMAS J CASSADY$1,514 · incl $105 fees
GIS BENEFITS INC$878 · incl $878 fees
A P INVESTMENTS INC$13
LOARD AGENCY INC$6
NORTH RISK PARTNERS LLC$2
32 individual agents · names withheld$2,343

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 450444903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.