Novelty, Inc.benefits
Novelty, Inc. Employee Benefit Plan · GREENFIELD, IN · plan year 2024
Broker compensation reported · 2024
$1,634
Novelty, Inc.'s benefits plan covered 115 active participants in 2024, providing life · death benefits · other. Insurance brokers and agents were paid $1,634 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20242
ANTHEM LIFE INSURANCE COMPANY · lifepremiums n/a · 106 covered
STANDARD INSURANCE COMPANY · lifepremiums n/a · 115 covered
Brokers & agents paid · 20241
MJ INSURANCE, INC.$1,634 · incl $162 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351654788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.