Plan Ledger DOL Form 5500 · updated monthly

Seton Hall Universitybenefits

Seton Hall University Welfare Benefit Program · SOUTH ORANGE, NJ · plan year 2024

Broker compensation reported · 2024
$268,298

Seton Hall University's benefits plans covered 1,375 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,623,974. Insurance brokers and agents were paid $268,298 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.5% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $266,182 in 2023.

Insurance contracts · 20249
DELTA DENTAL OF NEW JERSEY, INC. · dental$1.1M · 2,038 covered
STANDARD INSURANCE COMPANY · life$349K · 1,410 covered
STANDARD INSURANCE COMPANY · ltd$198K · 1,384 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · healthpremiums n/a · 1,049 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 2,271 covered
ALPHA DENTAL PROGRAMS, INC. · dentalpremiums n/a · 229 covered
EVERNORTH CARE SOLUTIONS, INC.premiums n/a · 3,778 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 37 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 39 covered
Brokers & agents paid · 20244
MERCER HEALTH AND BENEFITS, LLC.$251,841 · incl $234,620 fees
EMERSON ROGERS, LLC.$5,338
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221500645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.