Plan Ledger DOL Form 5500 · updated monthly

Dime Bankbenefits

Dime Bank Health and Welfare Benefits Plan · NORWICH, CT · plan year 2024

Broker compensation reported · 2024
$15,126

Dime Bank's benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,008,755. Insurance brokers and agents were paid $15,126 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 39% from $10,913 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$1.0M · 145 covered
VISION SERVICE PLAN · visionpremiums n/a · 100 covered
ANTHEM LIFE INSURANCE COMPANY · life ltdpremiums n/a · 159 covered
STANDARD INSURANCE COMPANY · life ltdpremiums n/a · 172 covered
Brokers & agents paid · 20242
DIGITAL INSURANCE LLC$14,315 · incl $6,549 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060322790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.