Plan Ledger DOL Form 5500 · updated monthly

Allegheny Collegebenefits

Allegheny College Health & Welfare Employee Benefit Plan · MEADVILLE, PA · plan year 2024

Broker compensation reported · 2024
$50,631

Allegheny College's benefits plans covered 307 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $184,248. Insurance brokers and agents were paid $50,631 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.5% of premiums. That is $165 per covered person, below the median for employer plans that report broker pay. Broker pay rose 33% from $38,006 in 2023.

Insurance contracts · 20244
UNITED CONCORDIA INSURANCE COMPANY · dental$153K · 557 covered
VISION BENEFITS OF AMERICA · vision$31K · 282 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 442 covered
RELIASTAR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 321 covered
Brokers & agents paid · 20242
HENDERSON BROTHERS, INC.$49,484 · incl $3,098 fees
Also brokered by Henderson Brothers, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 250965212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.