Plan Ledger DOL Form 5500 · updated monthly

First Hope Bank, N.A.benefits

First Hope Bank, N. a. Health & Welfare Plan · HOPE TOWNSHIP, NJ · plan year 2025

Broker compensation reported · 2025
$93,226

First Hope Bank, N.A.'s benefits plans covered 108 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $55,999. Insurance brokers and agents were paid $93,226 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 166.5% of premiums. That is $863 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 20% from $77,737 in 2024.

Insurance contracts · 20257
DELTA DENTAL OF NEW JERSEY, INC. · dental$56K · 118 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 108 covered
HORIZON HEALTHCARE SERVICES, INC. · healthpremiums n/a · 75 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 108 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 108 covered
HORIZON HEALTHCARE SERVICES, INC. · drugpremiums n/a · 68 covered
VISION SERVICE PLAN · visionpremiums n/a · 73 covered
Brokers & agents paid · 20258
MARTIN INSURANCE GROUP$72,147 · incl $12,333 fees
MARTIN INSURANCE SERVICES INC$2,808
MARTIN INSURANCE SERVICES, INC$1,997 · incl $1,997 fees
ENROLLEASE, INC DBA EASECENTRAL$8
Also brokered by Martin Insurance Group5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 220998445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.