Plan Ledger DOL Form 5500 · updated monthly

Alma Bankbenefits

Alma Bank Health and Welfare Plan · LONG ISLAND CITY, NY · plan year 2025

Broker compensation reported · 2025
$20,850

Alma Bank's benefits plans covered 167 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $20,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay rose 58% from $13,181 in 2024.

Insurance contracts · 20253
UNITEDHEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 234 covered
FIRST UNUM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 167 covered
FIRST UNUM LIFE INSURANCE COMPANYpremiums n/a · 159 covered
Brokers & agents paid · 20253
CENTRO BENEFITS RESEARCH LLC$7,769 · incl $7,769 fees
CORPORATE SYNERGIES GROUP LLC$7,305 · incl $7,305 fees
CORPORATE SYNERGIES - CAMDEN$5,776
Also brokered by Centro Benefits Research LLC5
Shipt, Inc. AL$78,524

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 760839230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.