Plan Ledger DOL Form 5500 · updated monthly

Converse Universitybenefits

Converse University Health & Welfare Plan · SPARTANBURG, SC · plan year 2024

Broker compensation reported · 2024
$46,623

Converse University's benefits plans covered 186 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $46,623 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $251 per covered person, above the median for employer plans that report broker pay. Broker pay rose 122% from $20,975 in 2023.

Insurance contracts · 20244
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 234 covered
HARTFORD LIFE AND ACCIDENT · stdpremiums n/a · 234 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 233 covered
EYEMED VISION CARE · visionpremiums n/a · 159 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$43,505 · incl $3,111 fees
STEINBERG & ASSOCIATES$3,118
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 570314380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.