Novus AG, LLCbenefits

Novus AG, LLC's benefits plans covered 410 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,193,240. Insurance brokers and agents were paid $208,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $508 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 78% from $117,203 in 2023.