Drake Universitybenefits
Drake University Health and Welfare Benefit Plan · DES MOINES, IA · plan year 2025
Broker compensation reported · 2025
$49,967
Drake University's benefits plans covered 914 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $49,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 66% from $30,012 in 2024.
Insurance contracts · 20256
HUMANA INSURANCE COMPANY · health drug ppopremiums n/a · 199 covered
HARTFORD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,229 covered
EMPLOYEE & FAMILY RESOURCES, INC.premiums n/a · 966 covered
FEDERAL INSURANCE COMPANYpremiums n/a
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health drug ppopremiums n/a · 72 covered
FIDELITY SECURITY LIFE · visionpremiums n/a · 1,086 covered
Brokers & agents paid · 20252
GALLAGHER BENEFIT SERVICES, INC.$49,915 · incl $22,218 fees
ASSUREDPARTNERS$52 · incl $52 fees
Also brokered by Gallagher5
Encompass Health Corporation AL$3,547,517
Florida Health Sciences Center, Inc. FL$3,300,730
Academic Medical Group FL$3,300,730
Prisma Health SC$2,123,789
Ahs Management Company, Inc. TN$2,061,754
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420680460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.