Plan Ledger DOL Form 5500 · updated monthly

Claflin Universitybenefits

Claflin University Welfare Benefits Wrap Plan · ORANGEBURG, SC · plan year 2024

Broker compensation reported · 2024
$221,907

Claflin University's benefits plans covered 284 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $221,907 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $781 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.6x the $33,684 reported for 2023.

Insurance contracts · 20243
SUN LIFE ASSURANCE COMPANY OF CANADA · life stdpremiums n/a · 101 covered
NATIONWIDE INSURANCE · lifepremiums n/a · 284 covered
HUMANA INSURANCE COMPANY · dental vision lifepremiums n/a · 284 covered
Brokers & agents paid · 20244
ACCURISK SOLUTIONS LLC$61,223 · incl $61,223 fees
5S FINANCIAL GROUP LLC$141,810
RESOLUTION REINSURANCE$11,149 · incl $11,149 fees
Also brokered by Accurisk Solutions LLC4

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570314374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.