Wilmington Universitybenefits
Wilmington College, Inc. Welfare Plan · NEW CASTLE, DE · plan year 2024
Wilmington University's benefits plans covered 490 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $46,842. Insurance brokers and agents were paid $247,591 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 528.6% of premiums. That is $505 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510107088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.