Plan Ledger DOL Form 5500 · updated monthly

Community National Bankbenefits

Community National Bank Employee Benefit Plan · NEWPORT, VT · plan year 2024

Broker compensation reported · 2024
$121,958

Community National Bank's benefits plans covered 133 active participants in 2024, providing health · life · long-term disability. Insurance premiums totaled $758,753. Insurance brokers and agents were paid $121,958 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.1% of premiums. That is $917 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 118% from $55,935 in 2023.

Insurance contracts · 20243
CIGNA HEALTH & LIFE INSURANCE COMPANY · health$665K · 102 covered
MUTUAL OF OMAHA · life ltd$71K · 124 covered
VSP VISION SERVICE PLAN · vision$23K · 95 covered
Brokers & agents paid · 20241
BENEFITS INCORPORATED LLC$121,958

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030288082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.