Commerzbank AG New York Branchbenefits
Commerzbank AG Welfare Benefits Plan · NEW YORK, NY · plan year 2024
Previously filed as Commerzbank AG, New York Branch. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Commerzbank AG New York Branch's benefits plans covered 258 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $7,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 192% from $2,729 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 132682661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.