Plan Ledger DOL Form 5500 · updated monthly

Trustees of Clark Universitybenefits

Clark University Employee Benefits Plan · WORCESTER, MA · plan year 2025

Broker compensation reported · 2025
$106,989

Trustees of Clark University's benefits plans covered 634 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $384,727. Insurance brokers and agents were paid $106,989 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.8% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay rose 17% from $91,423 in 2024.

Insurance contracts · 20254
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$385K · 746 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 925 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 634 covered
FEDERAL INSURANCE GROUP INC.premiums n/a · 641 covered
Brokers & agents paid · 20254
SELMAN & COMPANY, LLC$16,839 · incl $16,839 fees
SULLIVAN INSURANCE GROUP, INC.$261 · incl $19 fees
Also brokered by Selman & Company, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042111203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.