The Trustees of the Stevens Institute of Technologybenefits

The Trustees of the Stevens Institute of Technology's benefits plans covered 1,289 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,631,804. Insurance brokers and agents were paid $12,525 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $10 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 51% from $25,453 in 2024.