Montreat Collegebenefits
Montreat College Master Welfare Benefit Plan · MONTREAT, NC · plan year 2024
Broker compensation reported · 2024
$90,500
Montreat College's benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $90,500 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $548 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 130% from $39,428 in 2023.
Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 314 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 290 covered
Brokers & agents paid · 20243
DAVID SIMAS$55,211
THE CASON GROUP, INC.$17,732 · incl $10,311 fees
USI INSURANCE SERVICES LLC$17,557 · incl $1,645 fees
Also brokered by David Simas2
Lenoir-Rhyne University NC$80,303
Biotage, LLC NC$46,464
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560543261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.