Nextech Solutions LLC
Updated Filing received by DOL
Nextech Solutions LLC, a professional & technical services employer in Tampa, Florida, reported 264 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $2.0M in insurance premiums across 4 contracts and $174,886 in broker commissions and fees, 5.0% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on June 29, 2026, before the deadline.
Who was paid on Nextech Solutions LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Nextech Solutions LLC filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Clearwater, FL | $167,323 | $7,563 | $174,886 | 6 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Floridahealth | 126 | $2.0M | $101,314 | 5.0% |
| Bluecross Blueshield of Florida, Incvision | 175 | — | $2,295 | — |
| Florida Combined Lifedental, PPO | 166 | — | $19,972 | — |
| Hartford Life and Accidentlife, short-term disability, long-term disability | 332 | — | $51,305 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Nextech Solutions LLC 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.
Premium per covered person on medical contracts: $16,082 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
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 |
|---|---|---|---|---|
| Nextech Solutions LLC Health Benefit Plan#501 · insurance, general assets | December 31, 2025 | June 29, 2026 | before deadline | 264 |
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 Nextech Solutions LLC pay in health insurance broker commissions in 2025?
Nextech Solutions LLC's 2025 Form 5500 reports $174,886 in broker commissions and fees across 4 insurance contracts ($167,323 in commissions, $7,563 in fees), with Marsh McLennan Agency receiving the largest share.
Is Nextech Solutions LLC's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross Blue Shield of Florida.
How does Nextech Solutions LLC's broker compensation compare with similar employers?
Nextech Solutions LLC paid 5.0% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Florida is 4.6%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.