Plan Ledger DOL Form 5500 · updated monthly

Educational and Institutional Cooperative Services, Inc.benefits

Educational and Institutional Cooperative Services Benefit Plan · JERICHO, NY · plan year 2024

Broker compensation reported · 2024
$129,593

Educational and Institutional Cooperative Services, Inc.'s benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $129,593 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,234 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $112,264 in 2023.

Insurance contracts · 20243
AETNA LIFE INSURANCE COMPANY · health drugpremiums n/a · 203 covered
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 105 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$97,379 · incl $7,744 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 111694595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.