Plan Ledger DOL Form 5500 · updated monthly

Berklee College of Music, Inc.benefits

Berklee College of Music, Inc. Welfare Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$47,693

Berklee College of Music, Inc.'s benefits plans covered 1,961 active participants in 2024, providing health · life · dental · long-term disability · death benefits · other. Insurance brokers and agents were paid $47,693 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 56% from $108,948 in 2023.

Insurance contracts · 20246
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 114 covered
KGA INC.premiums n/a · 1,961 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,645 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 307 covered
Brokers & agents paid · 20243
NFP CORPORATE SERVICES (NY) LLC$31,346 · incl $4,373 fees
NFP CORPORATE SERVICES NY LLC$13,646 · incl $1,541 fees
NFP INSURANCE SERVICES INC$2,701 · incl $2,701 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042300472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.