Plan Ledger DOL Form 5500 · updated monthly

Simmons Universitybenefits

Simmons University Welfare Benefit Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$168,865

Simmons University's benefits plans covered 580 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $168,865 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $291 per covered person, above the median for employer plans that report broker pay. Broker pay rose 47% from $115,161 in 2023.

Insurance contracts · 20246
VISION SERVICE PLAN · visionpremiums n/a · 248 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 536 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 84 covered
ALLONE HEALTHpremiums n/a · 580 covered
HARVARD PILGRIM HEALTHCARE · health drug hmopremiums n/a · 327 covered
HPHC INSURANCE COMPANY · health drug ppopremiums n/a · 375 covered
Brokers & agents paid · 20245
EM-POWER SERVICES, INC.$15,555
BROWN & BROWN INSURANCE SVCS., INC.$143,324 · incl $47,721 fees
ESTATE OF ANDREW P. NAPOLETANO$961
Individual agent · names withheld$345

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Em-Power Services, Inc.2
Aipso RI$10,800
Bic Corporation CT$10,792

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042103629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.