The Urban Institutebenefits
The Urban Institute Health & Welfare Plan · WASHINGTON, DC · plan year 2024
Broker compensation reported · 2024
$70,224
The Urban Institute's benefits plans covered 611 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $70,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $115 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.9% from $77,091 in 2023.
Insurance contracts · 20246
AETNA LIFE INSURANCE COMPANY · dentalpremiums n/a · 740 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 525 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 9 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 657 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 613 covered
ARAG INSURANCE COMPANYpremiums n/a · 100 covered
Brokers & agents paid · 20242
MERCER HEALTH & BENEFITS LLC$68,890 · incl $4,252 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520880375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.