University Corporation for Advanced Internet Development dba INTERNET2benefits
Ucaid dba INTERNET2 Welfare Benefit Plan · ANN ARBOR, MI · plan year 2023
University Corporation for Advanced Internet Development dba INTERNET2's benefits plan covered 135 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,664,456. Insurance brokers and agents were paid $57,802 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $428 per covered person, in the top quarter of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 522060187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.