Novo Nordisk Inc.benefits
Novo Nordisk Inc. Welfare Benefit Plan · PLAINSBORO, NJ · plan year 2025
Broker compensation reported · 2025
$190,424
Novo Nordisk Inc.'s benefits plans covered 10,693 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $190,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 22% from $156,188 in 2024.
Insurance contracts · 20259
MAGELLAN HEALTHpremiums n/a · 7,967 covered
MAGELLAN HEALTHpremiums n/a · 2,710 covered
AETNA LIFE INSURANCE CO. · dentalpremiums n/a · 821 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO · visionpremiums n/a · 21,706 covered
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 10,693 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 10,693 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 10,693 covered
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 365 covered
UNITEDHEALTHCARE INSURANCE COMPANY · drugpremiums n/a · 391 covered
Brokers & agents paid · 20251
MERCER HEALTH AND BENEFITS, LLC$190,424 · incl $190,424 fees
Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
Ensign Services, Inc. CA$1,880,912
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161
Love's Travel Stops & Country Stores OK$1,782,444
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 061061602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.