BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

New England Controls, Inc

Manufacturing — metal, equipment, transportation · Mansfield, Massachusetts · EIN ending 9826 · doing business as Neci

Updated Filing received by DOL

New England Controls, Inc, a manufacturing — metal, equipment, transportation employer in Mansfield, Massachusetts, reported 487 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 3 insurance contracts with no premium reported and $38,433 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on September 25, 2025, within the extension window.

Participants
487
+14.1% vs 2023
Premiums filed
none
self-funded or not filed
Broker commissions + fees
$38,433
−4.1% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on New England Controls, 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 New England Controls, Inc filed for 2024.

Broker or agentCommissionsFeesTotalContracts
USI Insurance Services · Virginia Beach, VA$24,761$8,474$33,2353
Access Enroll · Plianville, MA$3,889$0$3,8891
Integrated Benefits Group Ins · Stoneham, MA$1,309$0$1,3091

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 · coverageCoveredPremiumBroker payRate
Vision Service Planvision360—$1,664—
The Guardian Life Insurance Company of Americalife, long-term disability441—$21,207—
Unum Life Insurance Company of Americalife, long-term disability442—$15,562—

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 New England Controls, 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.

Broker commissions + fees, dollars
New England Controls, Inc
$38,433
Commission rate, % of medical premium

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

$5.4M$0Premiums$40,065$38,433Broker pay20232024
New England Controls, Inc: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants427487+14.1%
Premiums filed$5,448,064$0—
Broker commissions + fees$40,065$38,433−4.1%
Commission rate0.0%——

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.

PlanPlan year endReceived by DOLTimingParticipants
New England Controls, Inc. Health and Welfare Benefit Plan#501 · insurance, general assetsDecember 31, 2024September 25, 2025within extension487

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 New England Controls, Inc pay in health insurance broker commissions in 2024?

New England Controls, Inc's 2024 Form 5500 reports $38,433 in broker commissions and fees across 3 insurance contracts ($29,959 in commissions, $8,474 in fees), with USI Insurance Services receiving the largest share.

Is New England Controls, Inc's health plan self-funded or fully insured?

The 2024 filing indicates the plan is self-funded (the employer pays claims itself).

How does New England Controls, Inc's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for New England Controls, Inc because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.

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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.