Plan Ledger DOL Form 5500 · updated monthly

Children's Aid and Family Services, Inc.benefits

Health and Welfare Plan for Employees of Children's Aid and Family Services · PARAMUS, NJ · plan year 2025

Broker compensation reported · 2025
$142,914

Children's Aid and Family Services, Inc.'s benefits plans covered 308 active participants in 2025, providing health · vision · dental · life · other · long-term disability. Insurance premiums totaled $2,173,048. Insurance brokers and agents were paid $142,914 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $464 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $108,281 in 2024.

Insurance contracts · 20252
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental vision$2.2M · 234 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 308 covered
Brokers & agents paid · 20254
BANKERS COOPERATIVE GROUP$72,641 · incl $72,641 fees
DONALD C SAVOY INC$34,182 · incl $34,182 fees
RISK PLACEMENT SERVICES$23,956 · incl $23,956 fees
BANKERS COOPERATIVE GROUP, INC.$12,135

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 221487147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.