The College of Wooster
Updated Filing received by DOL
The College of Wooster, an education services employer in Wooster, Ohio, reported 458 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 8 insurance contracts with no premium reported and $60,467 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 14, 2025, within the extension window.
Who was paid on The College of Wooster's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract The College of Wooster filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Silberstein Insurance Group LLC · Baltimore, MD | $35,574 | $20,463 | $56,037 | 6 |
| Educational & Institutional Insuran · Chicago, IL | $4,430 | $0 | $4,430 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Community Insurance Companydental, vision | 921 | — | $4,430 | — |
| The Lincoln National Life Insurance Companylife | 473 | — | $6,433 | — |
| The Lincoln National Life Insurance Companylife | 132 | — | $6,361 | — |
| The Lincoln National Life Insurance Companylong-term disability | 424 | — | $7,094 | — |
| Life Insurance Company of North Americacoverage not coded | 135 | — | $12,734 | — |
| Tokio Marine HCCstop-loss | 417 | — | — | — |
| Benistarhealth, prescription drug | 98 | — | $20,341 | — |
| Lincoln National Life Insurance Companylife | 226 | — | $3,074 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How The College of Wooster compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 478 | 458 | −4.2% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $66,163 | $60,467 | −8.6% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| The College of Wooster Health and Welfare Benefit Plan#510 · insurance, general assets | December 31, 2024 | October 14, 2025 | within extension | 458 |
| The Medical and Prescription Drug Plan for Employees of the College of Wooster#503 · final filing · insurance, general assets, trust | December 31, 2024 | October 14, 2025 | within extension | 434 |
| The College of Wooster Medical and Life Insurance Plan for Certain Retired Employees#511 · insurance | December 31, 2024 | October 14, 2025 | within extension | 229 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did The College of Wooster pay in health insurance broker commissions in 2024?
The College of Wooster's 2024 Form 5500 reports $60,467 in broker commissions and fees across 8 insurance contracts ($40,004 in commissions, $20,463 in fees), with Silberstein Insurance Group LLC receiving the largest share.
Is The College of Wooster's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Benistar.
How does The College of Wooster's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for The College of Wooster because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.