Dordt Universitybenefits

Dordt University's benefits plans covered 261 active participants in 2024, providing long-term disability. Insurance premiums totaled $3,754,347. Insurance brokers and agents were paid $45,767 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $175 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.3% from $44,309 in 2023.