Plan Ledger DOL Form 5500 · updated monthly

Island Federal Credit Unionbenefits

Group Long Term Disability, Basic Term Life, Basic Accidental Death and Dismemberment Plan for Employees of Island Federal Credit Union · HAUPPAUGE, NY · plan year 2025

Broker compensation reported · 2025
$71,139

Island Federal Credit Union's benefits plans covered 131 active participants in 2025, providing life · long-term disability · death benefits · other. Insurance brokers and agents were paid $71,139 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $543 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 20% from $88,878 in 2024.

Insurance contracts · 20254
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 128 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 131 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a
AETNA LIFE INSURANCE CO. · health dental visionpremiums n/a · 90 covered
Brokers & agents paid · 20255
CORPORATE SYNERGIES GROUP, INC.$59,083
KINLOCH CONSULTING GROUP, INC.$7,860
FOUNDATION RISK PARTNERS CORP.$895 · incl $895 fees
RUEBEN WARNER ASSOCIATES, INC.$755 · incl $189 fees
Also brokered by Corporate Synergies Group, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 111814791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.