Plan Ledger DOL Form 5500 · updated monthly

Massachusetts Institute of Technologybenefits

Health and Welfare Plan for Employees of Mit · CAMBRIDGE, MA · plan year 2025

Broker compensation reported · 2025
$110,381

Massachusetts Institute of Technology's benefits plans covered 14,216 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $30,835. Insurance brokers and agents were paid $110,381 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 358.0% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.6% from $105,483 in 2024.

Insurance contracts · 20258
FEDERAL INSURANCE COMPANY$31K · 72 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 14,085 covered
DELTA DENTAL OF MASSACHUSETTS · dentalpremiums n/a · 2,267 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 18,244 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 15,928 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 230 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 157 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · lifepremiums n/a · 80 covered
Brokers & agents paid · 20253
WILLIS TOWERS WATSON US LLC$104,524 · incl $48 fees
RSC INSURANCE BROKERAGE INC$5,467 · incl $5,467 fees
WILLIS OF ARIZONA INC$390 · incl $390 fees
Also brokered by Wtw5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042103594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.