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