Netjets Inc.
Updated Filing received by DOL
Netjets Inc., a transportation — truck & rail employer in Columbus, Ohio, reported 5,843 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 13 insurance contracts with no premium reported and $1.3M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received an amended filing on March 6, 2026; the original filing date is not in the public dataset.
Who was paid on Netjets Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Netjets Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · Columbus, OH | $944,968 | $242,820 | $1,187,788 | 11 |
| Robin H Alston · Atlanta, GA | $57,950 | $20,342 | $78,292 | 2 |
| Benefitfocus · Dallas, TX | $0 | $17,612 | $17,612 | 2 |
| Redtail LTD · Powell, OH | $0 | $2,940 | $2,940 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Unum Life Insurance Company of Americalong-term disability | 1,719 | — | $35,625 | — |
| The Guardian Life Insurance Company of Americashort-term disability | 97 | — | $2,940 | — |
| Unitedhealthcare Insurance Companycoverage not coded | 4,964 | — | $420,473 | — |
| Hawaii Medical Service Associationhealth, dental, vision, prescription drug | 2 | — | — | — |
| Metlife Legal Planscoverage not coded | 3,243 | — | $60,943 | — |
| Vision Service Planvision | 7,330 | — | — | — |
| Symetra Life Insurance Companylong-term disability | 6,509 | — | $126,488 | — |
| Unum Life Insurance Company of Americalife, long-term disability | 7,706 | — | $61,561 | — |
| Metlife Legal Planscoverage not coded | 3,243 | — | $60,943 | — |
| Vision Service Planvision | 7,330 | — | — | — |
| Unum Life Insurance Company of Americalife, long-term disability | 7,706 | — | $61,561 | — |
| Unum Life Insurance Company of Americalong-term disability | 1,719 | — | $35,625 | — |
| Unitedhealthcare Insurance Companycoverage not coded | 4,964 | — | $420,473 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Netjets Inc. compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 5,237 | 5,843 | +11.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $1,218,028 | $1,286,632 | +5.6% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Netjets Inc. Welfare Plan#503 · amended · insurance, general assets | December 31, 2024 | March 6, 2026 | amended filing; original date not in data | 5,843 |
| Executive Jet Management Welfare Plan#505 · amended · insurance, general assets | December 31, 2024 | March 6, 2026 | amended filing; original date not in data | 1,060 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Netjets Inc. pay in health insurance broker commissions in 2024?
Netjets Inc.'s 2024 Form 5500 reports $1,286,632 in broker commissions and fees across 13 insurance contracts ($1,002,918 in commissions, $283,714 in fees), with Willis Towers Watson receiving the largest share.
Is Netjets Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Hawaii Medical Service Association.
How does Netjets Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Netjets Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.