Plan Ledger DOL Form 5500 · updated monthly

Oral Roberts Universitybenefits

Oral Roberts University Group Benefits Plan · TULSA, OK · plan year 2024

Broker compensation reported · 2024
$113,132

Oral Roberts University's benefits plans covered 585 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,875,848. Insurance brokers and agents were paid $113,132 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.4% from $123,553 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF OKLAHOMA · health stop-loss$3.5M · 585 covered
DELTA DENTAL · dental$414K · 414 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 914 covered
VISION CARE OKLAHOMA · visionpremiums n/a · 594 covered
Brokers & agents paid · 20242
SUMMIT FINANCIAL GROUP INC$89,123 · incl $9,610 fees
GIS BENEFITS INC$24,009 · incl $12,999 fees
Also brokered by Summit Financial Group Inc5
Abel HR, Inc. NJ$221,314

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730739626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.