Union Collegebenefits
Union College Flexible Benefits Plan · BARBOURVILLE, KY · plan year 2024
Union College's benefits plans covered 155 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $61,661. Insurance brokers and agents were paid $46,962 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.2% of premiums. That is $303 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $42,103 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610461768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.