Trustees of Grinnell Collegebenefits
Grinnell College Welfare Benefits Plan · GRINNELL, IA · plan year 2024
Trustees of Grinnell College's benefits plans covered 870 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $10,315,439. Insurance brokers and agents were paid $48,259 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 $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.0% from $49,739 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420680387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.