Plan Ledger DOL Form 5500 · updated monthly

Knox Collegebenefits

Knox College Health Plan · GALESBURG, IL · plan year 2025

Broker compensation reported · 2025
$18,402

Knox College's benefits plans covered 371 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $18,402 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 7.0x the $2,622 reported for 2024.

Insurance contracts · 20253
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 371 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 730 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 178 covered
Brokers & agents paid · 20252
BHERD$9,201 · incl $9,201 fees
ASSUREDPARTNERS GREAT PLAINS, LLC$9,201 · incl $9,201 fees
Also brokered by Bherd5
Precision, Inc. IA$25,855

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 370673513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.