Randolph Collegebenefits
Randolph College Health and Welfare Plan · LYNCHBURG, VA · plan year 2025
Broker compensation reported · 2025
$38,132
Randolph College's benefits plans covered 193 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $38,132 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $198 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.4x the $8,589 reported for 2024.
Insurance contracts · 20254
ANTHEM HEALTH PLANS OF VIRGINIA DBA ANTHEM BCBS · dental visionpremiums n/a · 691 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 239 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 160 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 240 covered
Brokers & agents paid · 20254
MARSH & MCLENNAN AGENCY LLC$15,042 · incl $4,005 fees
MCGRIFF INSURANCE SERVICES LLC$10,686 · incl $3,245 fees
MCGRIFF, A MARSH & MCLENNAN LLC CO$6,464 · incl $186 fees
MCGRIFF, A MARSH & MCLENNAN AGENCY$5,940 · incl $121 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643
Truist Financial Corporation NC$2,912,639
The Goodyear Tire & Rubber Company OH$1,999,036
Netcracker Technology Corporation MA$1,935,435
Breeze Aviation Group, Inc UT$1,518,374
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 540505941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.