Champlain Collegebenefits
Champlain College Welfare Benefit Plan · BURLINGTON, VT · plan year 2024
Champlain College's benefits plans covered 324 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $61,920. Insurance brokers and agents were paid $145,709 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 235.3% of premiums. That is $450 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.0% from $141,415 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030220266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.