Plan Ledger DOL Form 5500 · updated monthly

American Bible Societybenefits

American Bible Society Health and Welfare Plan · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$296,072

American Bible Society's benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $296,072 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2,130 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 11.9x the $24,926 reported for 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 590 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dentalpremiums n/a · 328 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 143 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 143 covered
HEALTHSPRING LIFE & HEALTH INSURANCE COMPANY · healthpremiums n/a · 186 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 143 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$296,059 · incl $86,369 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 131623885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.