Plan Ledger DOL Form 5500 · updated monthly

The Franklin Institutebenefits

The Franklin Institute Group Welfare Plan · PHILADELPHIA, PA · plan year 2025

Broker compensation reported · 2025
$60,320

The Franklin Institute's benefits plans covered 110 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,513,951. Insurance brokers and agents were paid $60,320 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $548 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.4x the $17,904 reported for 2024.

Insurance contracts · 20259
KEYSTONE HEALTH PLAN EAST · health drug hmo$1.4M · 88 covered
NORTHWESTERN MUTUAL · life$35K · 110 covered
NORTHWESTERN MUTUAL · ltd$27K · 66 covered
NORTHWESTERN MUTUAL · std$5K · 110 covered
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 76 covered
UNITED CONCORDIA DENTAL PLANS OF PENNSYLVANIA, INC. · dentalpremiums n/a · 17 covered
NATIONAL VISION ADMINISTRATORS, LLC · visionpremiums n/a · 63 covered
KEYSTONE HEALTH PLAN EAST - KEYSTONE 65 · health drug hmopremiums n/a
FEDERAL INSURANCE COMPANY (CHUBB)premiums n/a · 110 covered
Brokers & agents paid · 20257
MARSH & MCLENNAN AGENCY LLC$45,293 · incl $3 fees
MICHAEL J LAGOWY$7,558 · incl $1,521 fees
KATHLEEN M KEENAN$5,038 · incl $1,013 fees
TRS AGENCY LLC$901 · incl $96 fees
GUINAN FNCL GRP LLC$677 · incl $73 fees
USI INSURANCE SERVICES LLC$32 · incl $32 fees
Individual agent · names withheld$821

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 Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 231370501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.