President & Trustees of Colby Collegebenefits
Colby College Long Term Disability Income Plan · WATERVILLE, ME · plan year 2024
Broker compensation reported · 2024
$297,920
President & Trustees of Colby College's benefits plans covered 872 active participants in 2024, providing short-term disability · long-term disability. Insurance brokers and agents were paid $297,920 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $342 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $336,855 in 2023.
Insurance contracts · 20249
HARTFORD LIFE AND ACCIDENT · std ltdpremiums n/a · 872 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 872 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 872 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drugpremiums n/a · 815 covered
VISION SERVICE PLAN · visionpremiums n/a · 600 covered
DELTA DENTAL PLAN OF MAINE · dentalpremiums n/a · 784 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 52 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 44 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 34 covered
Brokers & agents paid · 20243
MERCER HEALTH & BENEFITS, LLC.$270,997 · incl $167,674 fees
MERCER HUMAN RESOURCE CONSULTING$7,845 · incl $7,845 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010211497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.