Plan Ledger DOL Form 5500 · updated monthly

Avidia Bankbenefits

Avidia Bank Employee Benefits Plan · HUDSON, MA · plan year 2025

Broker compensation reported · 2025
$17,056

Avidia Bank's benefits plans covered 248 active participants in 2025, providing life · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $17,056 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 42% from $29,557 in 2024.

Insurance contracts · 20258
ALL ONE HEALTHpremiums n/a · 248 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 253 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 248 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 262 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 41 covered
VISION SERVICE PLAN INSURANCE · visionpremiums n/a · 180 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 38 covered
Brokers & agents paid · 20257
ALERA GROUP, INC DBA SYLVIA GROUP$8,430
MASS FINANCIAL SVCS INS AGENCY, INC$3,150
HP PLANNING, LLC DBA AISLING PARTNE$1,378
INDIGO INSURANCE SERVICES LLC$682 · incl $682 fees
MASSACHUSETTS FINANCIAL SERVICES IN$540 · incl $53 fees
ALERA GROUP INC$2,372 · incl $2,372 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043395834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.