Habib American Bankbenefits
Habib American Bank Health and Welfare Plan · NEW YORK, NY · plan year 2024
Broker compensation reported · 2024
$131,443
Habib American Bank's benefits plans covered 159 active participants in 2024, providing health · dental · vision · long-term disability. Insurance brokers and agents were paid $131,443 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $827 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 9.3% from $120,284 in 2023.
Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 102 covered
ANTHEM BLUE CROSS · visionpremiums n/a · 297 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 179 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · ltdpremiums n/a · 159 covered
Brokers & agents paid · 20243
NFP CORPORATE SERVICES (NY) LLC$125,506 · incl $116,383 fees
NFP CORPORATE SERVICES NY LLC$5,507 · incl $1,000 fees
NFP INSURANCE SERVICES INC$430 · incl $430 fees
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Asplundh Tree Expert, LLC PA$1,214,589
Sonic Automotive Inc. NC$960,735
Lg Chem Michigan, Inc. MI$899,017
Phoebe Putney Health System, Inc. GA$818,611
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133173929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.