Plan Ledger DOL Form 5500 · updated monthly

University of New Englandbenefits

University of New England Employee Benefit Plan · BIDDEFORD, ME · plan year 2024

Broker compensation reported · 2024
$115,460

University of New England's benefits plans covered 949 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $11,389,529. Insurance brokers and agents were paid $115,460 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $122 per covered person, below the median for employer plans that report broker pay. Broker pay fell 43% from $200,967 in 2023.

Insurance contracts · 20249
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug vision$11.1M · 1,834 covered
STANDARD INSURANCE COMPANY · ltd$133K · 1,031 covered
STANDARD INSURANCE COMPANY · std$119K · 468 covered
STANDARD INSURANCE COMPANY · life$42K · 1,029 covered
AETNA INTERNATIONALpremiums n/a · 1 covered
NATIONAL UNION FIRE INS. CO OF PITTSBURG, PApremiums n/a · 675 covered
AETNA LIFE INSURANCE COMPANY · health visionpremiums n/a · 4 covered
NATIONAL UNION FIRE INS. CO OF PITTSBURG, PApremiums n/a · 675 covered
Brokers & agents paid · 20246
VARNEY & COMPANY BENEFITS ADVISORS$114,037
EMPLOYEE BENEFIT CONSULTANTS$22
AFFORDABLE BENEFITS SOLUTIONS INC$18
3 individual agents · names withheld$60

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.

Also brokered by Wtw5
Champion, Inc MI$46,368,623
Vca Inc. CA$4,086,268

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010211810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.