Monmouth Collegebenefits

Monmouth College's benefits plans covered 168 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $31,606. Insurance brokers and agents were paid $67,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 212.7% of premiums. That is $400 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.1x the $16,221 reported for 2024.