Plan Ledger DOL Form 5500 · updated monthly

Nova Southeastern Universitybenefits

Nova Southeastern University Welfare Benefit Plan · DAVIE, FL · plan year 2024

Broker compensation reported · 2024
$513,383

Nova Southeastern University's benefits plans covered 3,410 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $513,383 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $151 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.1x the $168,099 reported for 2023.

Insurance contracts · 20246
EYEMED VISION CARE · visionpremiums n/a · 2,399 covered
INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATIONpremiums n/a · 3,410 covered
INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATIONpremiums n/a · 810 covered
DELTA DENTAL INSURANCE COMPANY · dentalpremiums n/a · 2,681 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 937 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 3,708 covered
Brokers & agents paid · 20243
CUNDY INSURANCE AGENCY$192,893 · incl $179,493 fees
EXPLAIN MY BENEFITS$85,826 · incl $42,913 fees
LOCKTON COMPANIES$234,664 · incl $117,332 fees
Also brokered by Cundy Insurance Agency1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 591083502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.