Plan Ledger DOL Form 5500 · updated monthly

Novocure, Inc.benefits

Novocure, Inc. Health and Welfare Plan · PORTSMOUTH, NH · plan year 2024

Broker compensation reported · 2024
$76,069

Novocure, Inc.'s benefits plans covered 584 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $76,069 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $130 per covered person, below the median for employer plans that report broker pay. Broker pay rose 0.6% from $75,616 in 2023.

Insurance contracts · 20242
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 652 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$76,069 · incl $36,554 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 205063536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.