Plan Ledger DOL Form 5500 · updated monthly

Blue Foundry Bankbenefits

Blue Foundry Bank Health and Welfare Plan · PARSIPPANY, NJ · plan year 2025

Broker compensation reported · 2025
$120,100

Blue Foundry Bank's benefits plans covered 182 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $120,100 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $660 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $107,457 in 2024.

Insurance contracts · 20257
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 182 covered
GUARDIAN · dental vision lifepremiums n/a · 171 covered
HORIZON HEALTHCARE SERVICES, INC · healthpremiums n/a · 129 covered
LIFE INSURANCE COMPAMY OF NORTH AMERICA · lifepremiums n/a · 182 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 182 covered
HORIZON HEALTHCARE SERVICES, INC. · drugpremiums n/a · 27 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 182 covered
Brokers & agents paid · 20253
ACRISURE NJ PARTNERS INSURANCE$12,378 · incl $2,478 fees
Also brokered by Acrisure5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 220780922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.