Novel Energy Solutions, LLCbenefits
Novel Energy Solutions, LLC - Medical · ST. PAUL, MN · plan year 2024
Broker compensation reported · 2024
$184,454
Novel Energy Solutions, LLC's benefits plans covered 197 active participants in 2024, providing health · vision. Insurance brokers and agents were paid $184,454 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $936 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 135% from $78,468 in 2023.
Insurance contracts · 20248
HEALTHPARTNERS ADMINISTRATORS, INC. · health dentalpremiums n/a · 172 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 146 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 197 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 183 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a
Brokers & agents paid · 20246
BROWN & BROWN MN MINNEAPOLIS$51,034 · incl $892 fees
BROWN & BROWN INSURANCE SERVICES$70,179 · incl $8,233 fees
HAYS COMPANIES, INC.$41,104
STRATEIC NON-MEDICAL SOLUTION$6,753 · incl $6,753 fees
STRATEGIC NON-MEDICAL SOLUTION$13,830 · incl $13,830 fees
Also brokered by Brown & Brown5
Beth Israel Lahey Health, Inc. MA$3,690,428
Dana-Farber Cancer Institute, Inc. MA$1,776,211
Bj's Wholesale Club, Inc. MA$1,391,058
Srm Concrete, LLC TN$1,315,284
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 455469407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.