Plan Ledger DOL Form 5500 · updated monthly

Customers Bankbenefits

Customers Bank Group Welfare Plan · MALVERN, PA · plan year 2025

Broker compensation reported · 2025
$233,751

Customers Bank's benefits plans covered 871 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $72,248. Insurance brokers and agents were paid $233,751 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 323.5% of premiums. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $211,398 in 2024.

Insurance contracts · 20255
VISION SERVICE PLAN · vision$72K · 737 covered
HIGHMARK INC · health drugpremiums n/a · 1,503 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 1,639 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 871 covered
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 862 covered
Brokers & agents paid · 20254
TOTALIS BENEFITS, INC$32,981 · incl $32,981 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 232892229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.