SUMMARY ANNUAL REPORT FOR
The College of Wooster Medical and Life Insurance Plan for Certain Retired Employees
This is a summary of the annual report of the The College Of Wooster Medical and Life Insurance Plan for Certain Retired Employees (Employer Identification Number 34-0714654, Plan Number 511) for the plan year 01/01/2023 through 12/31/2023. The annual report has been filed with the Employee Benefits Security Administration, as required under the Employee Retirement Income Security Act of 1974 (ERISA).
Insurance Information
The plan has insurance contracts with Benistar and Lincoln National Life Insurance Company to pay all claims incurred under the terms of the plan. The total premiums paid for the plan year ending 12/31/2023 were $696,524.
Your Rights to Additional Information
You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report:
1. Insurance information, including sales commissions paid by insurance carriers.
To obtain a copy of the full annual report, or any part thereof, write or call the plan administrator, at 1189 Beall Avenue Galpin Hall, Wooster, OH 44691 and phone number, 330-263-2016. The charge to cover copying costs will be $3.75 for the full annual report, or $0.25 per page for any part thereof.
You also have the legally protected right to examine the annual report at the main office of the plan: 1189 Beall Avenue Galpin Hall, Wooster, OH 44691, and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N-1513, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210. The annual report is also available online at the Department of Labor website www.efast.dol.gov.