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

Nobu Group LLC

Accommodation & food services · New York, New York · EIN ending 0264

Updated Filing received by DOL

Nobu Group LLC, an accommodation & food services employer in New York, New York, reported 617 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $50,539 in insurance premiums across 5 contracts and $317,241 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on March 20, 2026, before the deadline.

Participants
617
+55.4% vs 2023
Premiums filed
$50,539
premium not reported on 1 medical contract
Broker commissions + fees
$317,241
+4.5% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Nobu Group 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 Nobu Group LLC filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Marsh McLennan Agency · Conshohocken, PA$27,537$286,302$313,8394
Lockton · Boston, MA$0$3,402$3,4021

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
Standard Life Insurance Company of New Yorkvision550$50,539$4,9229.7%
Cigna Health and Life Insurance Company and Affiliateshealth, prescription drug550—$279,052—
Ace American Insurance Companycoverage not coded548———
The Guardian Life Insurance Company of Americadental450—$27,430—
Principal Life Insurance Companylife635—$5,837—

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 Nobu Group 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.

Broker commissions + fees, dollars
Nobu Group LLC
$317,241
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

$40,907$50,539Premiums$303,473$317,241Broker pay20232024
Nobu Group LLC: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants397617+55.4%
Premiums filed$40,907$50,539not comparable
Broker commissions + fees$303,473$317,241+4.5%
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.

PlanPlan year endReceived by DOLTimingParticipants
Nobu Group LLC Employee Benefits Plan#501 · insuranceAugust 31, 2025March 20, 2026before deadline617

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 Nobu Group LLC pay in health insurance broker commissions in 2024?

Nobu Group LLC's 2024 Form 5500 reports $317,241 in broker commissions and fees across 5 insurance contracts ($27,537 in commissions, $289,704 in fees), with Marsh McLennan Agency receiving the largest share.

Is Nobu Group LLC's health plan self-funded or fully insured?

The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Cigna Health and Life Insurance Company and Affiliates.

How does Nobu Group LLC's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Nobu Group LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.

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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.