Plan Ledger DOL Form 5500 · updated monthly

Milligan Universitybenefits

Milligan University Welfare Benefit Plan · MILLIGAN, TN · plan year 2024

Broker compensation reported · 2024
$33,195

Milligan University's benefits plans covered 285 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $99,480. Insurance brokers and agents were paid $33,195 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.4% of premiums. That is $116 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.6% from $32,351 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · dental vision$99K · 330 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 231 covered
Brokers & agents paid · 20243
CBIZ BENEFITS & INSURANCE SERVICES$15,019 · incl $3,186 fees
COLE HARRIS$12,215
RUSSELL W INGRAM$5,961
Also brokered by Cbiz5
Tumi, Inc. NJ$1,238,886
V2X Inc. CO$941,238

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620535755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.