Plan Ledger DOL Form 5500 · updated monthly

Clark Atlanta Universitybenefits

Clark Atlanta University Employee Benefits Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$146,896

Clark Atlanta University's benefits plans covered 635 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $561,714. Insurance brokers and agents were paid $146,896 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.2% of premiums. That is $231 per covered person, above the median for employer plans that report broker pay. Broker pay rose 63% from $90,308 in 2023.

Insurance contracts · 20242
STANDARD INSURANCE COMPANY · life std ltd$562K · 869 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 741 covered
Brokers & agents paid · 20242
DIGITAL INSURANCE LLC$105,848 · incl $21,653 fees
DIGITAL INSURANCE INC$41,048 · incl $12,528 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 581825259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.