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