Bethel Universitybenefits
Bethel University Welfare Benefit Plan · MISHAWAKA, IN · plan year 2024
Broker compensation reported · 2024
$19,069
Bethel University's benefits plans covered 184 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $19,069 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $104 per covered person, below the median for employer plans that report broker pay. Broker pay fell 30% from $27,318 in 2023.
Insurance contracts · 20243
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 360 covered
UNUM INSURANCE COMPANYpremiums n/a · 68 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 184 covered
Brokers & agents paid · 20242
GIBSON INSURANCE AGENCY$14,478 · incl $1,348 fees
STEELE INSURANCE AND FINANCIAL SVCS$4,591 · incl $2,592 fees
Also brokered by Gibson Insurance Agency5
Nishikawa Cooper, LLC IN$231,545
Advia Credit Union MI$84,294
Welch Packaging Group, Inc. IN$61,771
Alliance Physical Therapy Group, LLC MI$42,445
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350935587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.