Plan Ledger DOL Form 5500 · updated monthly

The Trustees of the Smith Collegebenefits

Smith College Employee Benefit Plan · NORTHAMPTON, MA · plan year 2024

Broker compensation reported · 2024
$62,627

The Trustees of the Smith College's benefits plans covered 1,416 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $62,627 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.3% from $58,391 in 2023.

Insurance contracts · 20242
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,416 covered
Brokers & agents paid · 20241
BROWN AND BROWN OF MASSACHUSETTS$62,627 · incl $14,378 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041843040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.