Adirondack Bankbenefits
Adirondack Bank Welfare Benefit Plan · UTICA, NY · plan year 2025
Broker compensation reported · 2025
$92,710
Adirondack Bank's benefits plans covered 202 active participants in 2025, providing health · life · dental · vision · death benefits. Insurance premiums totaled $2,137,441. Insurance brokers and agents were paid $92,710 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $459 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 63% from $250,334 in 2024.
Insurance contracts · 20252
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$2.1M · 110 covered
COMPANION LIFE INSURANCE COMPANY · lifepremiums n/a · 194 covered
Brokers & agents paid · 20252
AFS AGENCY$74,529
DIVERSIFIED GROUP BROKERAGE CORP$18,181
Also brokered by Afs Agency4
Integrated Community Alternatives Network NY$236,626
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 150438700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.