Plan Ledger DOL Form 5500 · updated monthly

Augsburg Universitybenefits

Employee Benefit Plan for Augsburg University Employees · MINNEAPOLIS, MN · plan year 2025

Broker compensation reported · 2025
$87,617

Augsburg University's benefits plans covered 470 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $87,617 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $186 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $77,957 in 2024.

Insurance contracts · 20254
MEDICA INSURANCE COMPANY · health drugpremiums n/a · 560 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 470 covered
KAVIRA HEALTHpremiums n/a · 328 covered
Brokers & agents paid · 20251
NFP CORPORATE SERVICES, INC.$87,617 · incl $5,672 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410694721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.