Plan Ledger DOL Form 5500 · updated monthly

Jeff Bankbenefits

Jeff Bank Employee Group Life Ad&D and Disability · JEFFERSONVILLE, NY · plan year 2024

Broker compensation reported · 2024
$12,240

Jeff Bank's benefits plans covered 110 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $12,240 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay fell 5.0% from $12,879 in 2023.

Insurance contracts · 20242
FIRST UNUM LIFE INSURANCE COMPANY · stdpremiums n/a · 110 covered
SUN LIFE AND HEALTH INSURANCE COMPANY · life std ltdpremiums n/a · 106 covered
Brokers & agents paid · 20242
PAYCHEX INSURANCE AGENCY$7,251
MIKE PREIS INC$4,989
Also brokered by Paychex Insurance Agency5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 140779859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.