Plan Ledger DOL Form 5500 · updated monthly

Bcb Community Bankbenefits

Bcb Community Bank Health Plan · BAYONNE, NJ · plan year 2025

Broker compensation reported · 2025
$104,676

Bcb Community Bank's benefits plans covered 269 active participants in 2025, providing health · vision. Insurance brokers and agents were paid $104,676 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $389 per covered person, above the median for employer plans that report broker pay. Broker pay rose 48% from $70,590 in 2024.

Insurance contracts · 20251
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health visionpremiums n/a · 169 covered
Brokers & agents paid · 20253
BANKERS COOPERATIVE GROUP, INC.$60,295 · incl $57,883 fees
DONALD C SAVOY INC$27,334 · incl $27,334 fees
RISK PLACEMENT SERVICES$17,047 · incl $17,047 fees
Also brokered by Bankers Cooperative Group, Inc.2
Kearny Bank NJ$241,100

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 223760320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.