Plan Ledger DOL Form 5500 · updated monthly

Nova Farms, LLCbenefits

Nova Farms, LLC Employee Benefit Plan · ATTLEBORO, MA · plan year 2025

Broker compensation reported · 2025
$75,631

Nova Farms, LLC's benefits plans covered 347 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $1,412,755. Insurance brokers and agents were paid $75,631 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $218 per covered person, above the median for employer plans that report broker pay. Broker pay rose 37% from $55,041 in 2024.

Insurance contracts · 20254
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health$1.3M · 190 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · dental$104K · 202 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · vision$15K · 209 covered
USABLE LIFE · lifepremiums n/a · 347 covered
Brokers & agents paid · 20252
HILB GROUP OF NEW ENGLAND$63,369 · incl $15,070 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 824930709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.