Plan Ledger DOL Form 5500 · updated monthly

Novonix Anode Materials LLCbenefits

Novonix Anode Materials LLC Health and Welfare Benefit Plan · CHATTANOOGA, TN · plan year 2025

Broker compensation reported · 2025
$49,337

Novonix Anode Materials LLC's benefits plans covered 128 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $49,337 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $385 per covered person, above the median for employer plans that report broker pay. Broker pay rose 34% from $36,770 in 2024.

Insurance contracts · 20252
UNITEDHEALTHCARE INSURANCE COMPANY · dentalpremiums n/a · 103 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 128 covered
Brokers & agents paid · 20255
BROWN & BROWN INSURANCE SVCS, INC.$35,939 · incl $10,050 fees
STRATEGIC NON-MEDICAL SLTNS, LLC$8,784 · incl $8,784 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 820771516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.