Concordia Collegebenefits
Concordia College Health & Welfare Benefits Plan · MOORHEAD, MN · plan year 2025
Concordia College's benefits plans covered 556 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $54,917. Insurance brokers and agents were paid $50,594 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 92.1% of premiums. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.4% from $52,349 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410693977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.