Northwood Universitybenefits
Group Insurance - Life, Long Term Care, Long Term Disability, Accidental Death & Disability · MIDLAND, MI · plan year 2024
Broker compensation reported · 2024
$42,481
Northwood University's benefits plans covered 360 active participants in 2024, providing health · life · long-term disability · death benefits. Insurance brokers and agents were paid $42,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $118 per covered person, below the median for employer plans that report broker pay. Broker pay fell 62% from $112,088 in 2023.
Insurance contracts · 20244
AETNA LIFE INSURANCE COMPANY · dentalpremiums n/a · 9 covered
AETNA LIFE INSURANCE COMPANY · drug ppopremiums n/a · 11 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · healthpremiums n/a · 360 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 260 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$38,163 · incl $3,108 fees
LOUIS W. GARL$4,318
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381624684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.