Plan Ledger DOL Form 5500 · updated monthly

Chelsea Groton Bankbenefits

Chelsea Groton Bank Benefits Plan · GROTON, CT · plan year 2024

Broker compensation reported · 2024
$122,934

Chelsea Groton Bank's benefits plans covered 268 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $122,934 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $459 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 36% from $90,081 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 312 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 268 covered
VISION SERVICE PLAN · visionpremiums n/a · 134 covered
KEPROpremiums n/a · 225 covered
ANTHEM HEALTH PLANS, INC. · health drug ppopremiums n/a · 38 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$122,891 · incl $8,437 fees
IMG$43 · incl $43 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060376640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.