Rutgers University Foundationbenefits
Rutgers University Foundation Employee Benefit Plan · NEW BRUNSWICK, NJ · plan year 2024
Broker compensation reported · 2024
$244,243
Rutgers University Foundation's benefits plans covered 242 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $244,243 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,009 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $216,378 in 2023.
Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 397 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 617 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 250 covered
HARTFORD LIFE AND ACCIDENT · stdpremiums n/a · 245 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 248 covered
Brokers & agents paid · 20245
HP PLANNING LLC$189,742 · incl $146,399 fees
USI INSURANCE SERVICES LLC$40,480 · incl $33,738 fees
DBL GENERAL AGENCY AN ALERA GROUP$7,584 · incl $7,584 fees
NATIONAL BENEFIT CENTER$3,268 · incl $3,268 fees
BROAD REACH BENEFITS AN ALERA GROUP$3,169
Also brokered by Hp Planning LLC5
Enel North America, Inc. MA$396,127
Orsted North America MA$383,141
Ascot US Holding Corporation NY$316,289
Commonwealth Care Alliance MA$289,543
Inspira Marketing Group LLC CT$232,261
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 237318742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.