Plan Ledger DOL Form 5500 · updated monthly

Novagard Solutionsbenefits

Novagard Solutions Inc. Welfare Benefit Plan · CLEVELAND, OH · plan year 2024

Broker compensation reported · 2024
$76,819

Novagard Solutions's benefits plans covered 132 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $68,724. Insurance brokers and agents were paid $76,819 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 111.8% of premiums. That is $582 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20244
DELTA DENTAL OF OHIO · dental$69K · 209 covered
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 141 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 106 covered
COMMUNITY INSURANCE COMPANY · visionpremiums n/a · 104 covered
Brokers & agents paid · 20243
CBIZ BENEFITS & INSURANCE SERVICE$51,817 · incl $51,817 fees
CBIZ BENEFITS AND INSURANCE SERVICE$17,253 · incl $2,410 fees
CBIZ BENEFITS & INSURANCE SERVICES$7,749 · incl $77 fees
Also brokered by Cbiz5
Tumi, Inc. NJ$1,238,886
V2X Inc. CO$941,238

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 343493930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.