Central Collegebenefits
Central College Health & Welfare Benefit Plan · PELLA, IA · plan year 2025
Central College's benefits plans covered 345 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $7,446,921. Insurance brokers and agents were paid $60,051 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.8% of premiums. That is $174 per covered person, below the median for employer plans that report broker pay. Broker pay rose 181% from $21,361 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420680344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.