Plan Ledger DOL Form 5500 · updated monthly

College Possiblebenefits

College Possible Life and Disability Benefit Plan · ST. PAUL, MN · plan year 2024

Broker compensation reported · 2024
$86,927

College Possible's benefits plans covered 225 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $86,927 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $386 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $72,893 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 255 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 225 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 268 covered
AMERITAS LIFE INSURANCE CORP · visionpremiums n/a · 314 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$85,927 · incl $6,593 fees
MARSH & MCLENNAN$1,000 · incl $1,000 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411968798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.