Plan Ledger DOL Form 5500 · updated monthly

Amherst College Trusteesbenefits

Total Disability Plan for Faculty, Administrators and Staff · AMHERST, MA · plan year 2024

Broker compensation reported · 2024
$601,269

Amherst College Trustees's benefits plans covered 2,201 active participants in 2024, providing long-term disability. Insurance premiums totaled $19,535,444. Insurance brokers and agents were paid $601,269 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $273 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $532,254 in 2023.

Insurance contracts · 20248
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental$19.5M · 2,177 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 1,246 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 2,201 covered
LUCET HEALTHpremiums n/a · 1,300 covered
CAREFIRST BLUECHOICE, INC. · health drug dental vision hmopremiums n/a · 139 covered
EXPRESS SCRIPTS, INC. · drugpremiums n/a · 26 covered
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY · healthpremiums n/a · 26 covered
Brokers & agents paid · 20247
BROWN & BROWN INSURANCE SRVC INC.$344,527 · incl $109,580 fees
GOLDEN AND COHEN, LLC$62,138 · incl $49,410 fees
POTOMAC BASIN GROUP ASSOCIATION$13,515 · incl $13,515 fees
STRATEGIC BENEFIT ADVISORS$6,526
IMG$388 · incl $388 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042103542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.