Plan Ledger DOL Form 5500 · updated monthly

Olivet Nazarene Universitybenefits

Olivet Nazarene University Welfare Benefit Plan · BOURBONNAIS, IL · plan year 2025

Broker compensation reported · 2025
$23,487

Olivet Nazarene University's benefits plans covered 367 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $5,305,751. Insurance brokers and agents were paid $23,487 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 70% from $78,510 in 2024.

Insurance contracts · 20254
HEALTHCARE SERVICE CORPORATION · health dental$5.3M · 776 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 183 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 98 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 644 covered
Brokers & agents paid · 20251
WOODRUFF FINANCIAL INC$23,487
Also brokered by Woodruff Financial Inc1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 362191252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.