Plan Ledger DOL Form 5500 · updated monthly

Apple Bank for Savingsbenefits

Apple Bank for Savings Group Travel Accident Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$136,689

Apple Bank for Savings's benefits plans covered 1,338 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $136,689 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $102 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $123,868 in 2023.

Insurance contracts · 20248
AETNA LIFE INSURANCE CO. · dentalpremiums n/a · 1,748 covered
VISION SERVICE PLAN · visionpremiums n/a · 775 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 1,333 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,169 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 326 covered
SUN LIFE AND HEALTH INSURANCE COMPANY · stop-losspremiums n/a · 859 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 1,338 covered
Brokers & agents paid · 20242
EDGEWOOD PARTNERS INSURANCE CENTER$136,125 · incl $25,830 fees
MMG AGENCY INC.$564
Also brokered by Edgewood Partners Insurance Center5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 130822710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.