Plan Ledger DOL Form 5500 · updated monthly

Midwestern Universitybenefits

Midwestern University Welfare Benefit Plan · DOWNERS GROVE, IL · plan year 2024

Broker compensation reported · 2024
$15,122

Midwestern University's benefits plans covered 1,706 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $15,122 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 10.9x the $1,387 reported for 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 2,446 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 1,764 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 1,764 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 1,764 covered
SPRING HEALTHpremiums n/a · 1,688 covered
Brokers & agents paid · 20243
PLANSOURCE BENEFITS ADMIN, INC.$1,978
MARSH RISK AND INSURANCE SERVICES$425
WILLIS OF ILLINOIS, INC.$12,719 · incl $12,719 fees
Also brokered by Plansource Benefits Admin, Inc.5
Abx Air, Inc. OH$69,325

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363377698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.