Plan Ledger DOL Form 5500 · updated monthly

Trustees of the University of Pennsylvaniabenefits

Uphs Flex Plan · BALA CYNWYD, PA · plan year 2024

Broker compensation reported · 2024
$1,304,207

Trustees of the University of Pennsylvania's benefits plans covered 45,969 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $208,574,071. Insurance brokers and agents were paid $1,304,207 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 33% from $980,449 in 2023.

Insurance contracts · 202411
INDEPENDENCE BLUE CROSS · health$202.4M · 27,195 covered
VISION SERVICE PLAN · vision$4.7M · 31,757 covered
DELTA DENTAL · dentalpremiums n/a · 65,442 covered
GUARDIAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,677 covered
QUEST BEHAVIORAL HEALTHpremiums n/a · 53,803 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 15,506 covered
JOHN HANCOCKpremiums n/a · 474 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 45,569 covered
LIVINITI · drugpremiums n/a · 27,195 covered
PENN DENTAL · dentalpremiums n/a · 29,623 covered
Brokers & agents paid · 20244
THE BAKER BENEFITS GROUP$126,885
MERCER HEALTH & BENEFITS LLC$1,170,614 · incl $232,728 fees
INSMED INSURANCE AGENCY$6,577
INTERNATIONAL PLANNING ALLIANCE$131

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231352685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.