Plan Ledger DOL Form 5500 · updated monthly

Community Financial System, Inc.benefits

Community Financial System, Inc. Health and Welfare Benefits Plan · SYRACUSE, NY · plan year 2024

Broker compensation reported · 2024
$240,508

Community Financial System, Inc.'s benefits plan covered 2,747 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,489,985. Insurance brokers and agents were paid $240,508 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.9% of premiums. That is $88 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20242
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · std ltd$2.4M · 4,400 covered
HARTFORD LIFE AND ACCIDENT · life$1.1M · 3,005 covered
Brokers & agents paid · 20243
JAMES R NELLIGAN & ASSOCIATES LLC$156,029 · incl $37,971 fees
JAMES R NELLIGAN & ASSOC LLC$68,053 · incl $68,053 fees
ONEGROUP NY INC$16,426
Also brokered by James R Nelligan & Associates LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161213679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.