Novacoast, Inc.
Updated Filing received by DOL
Novacoast, Inc., a professional & technical services employer in Wichita, Kansas, reported 289 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $2.3M in insurance premiums across 5 contracts and $10,907 in broker commissions and fees, 0.0% 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 January 15, 2026, before the deadline.
Who was paid on Novacoast, 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 Novacoast, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Aon · Chicago, IL | $10,907 | $0 | $10,907 | 2 |
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 |
|---|---|---|---|---|
| Blue Cross and Blue Shield of Kansashealth, prescription drug | 307 | $2.3M | — | — |
| Advance Insurance Company of Kansaslife, long-term disability | 376 | — | $6,067 | — |
| Unitedhealthcare Insurance Companyshort-term disability | 114 | — | $4,840 | — |
| New Directions Behavioral Healthcoverage not coded | 297 | — | — | — |
| Unitedhealthcare Insurance Companydental, vision | 387 | — | — | — |
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 Novacoast, 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.
Premium per covered person on medical contracts: $7,529 a year (national median $7,274).
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 | 337 | 289 | −14.2% |
| Premiums filed | $0 | $2,311,465 | — |
| Broker commissions + fees | $7,978 | $10,907 | +36.7% |
| Commission rate | — | 0.0% | — |
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.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Novacoast, Inc. Health and Welfare Plan#501 · insurance, general assets | June 30, 2025 | January 15, 2026 | before deadline | 289 |
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 Novacoast, Inc. pay in health insurance broker commissions in 2024?
Novacoast, Inc.'s 2024 Form 5500 reports $10,907 in broker commissions and fees across 5 insurance contracts ($10,907 in commissions, $0 in fees), with Aon receiving the largest share.
Is Novacoast, 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 Blue Cross and Blue Shield of Kansas.
How does Novacoast, Inc.'s broker compensation compare with similar employers?
Novacoast, Inc. paid 0.0% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Kansas is 2.8%. 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.