Fairfield Propertiesbenefits
Fairfield Properties Section 125 Plan · MELVILLE, NY · plan year 2024
Broker compensation reported · 2024
$451,000
Fairfield Properties's benefits plans covered 379 active participants in 2024, providing health. Insurance brokers and agents were paid $451,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,190 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 8.5% from $415,704 in 2023.
Insurance contracts · 20241
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 379 covered
Brokers & agents paid · 20241
PROFESSIONAL GROUP PLANS INC.$451,000 · incl $448,320 fees
Also brokered by Professional Group Plans Inc.5
Nordea Bank Abp, New York Branch NY$318,419
Coreweave, Inc. NJ$93,294
Selendy Gay PLLC NY$72,361
Industrial Bank of Korea NY$59,203
P-Value Communications NJ$56,280
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 132790635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.