Plan Ledger DOL Form 5500 · updated monthly

Main Street Bankbenefits

Main Street Bank Std Plan · MARLBOROUGH, MA · plan year 2025

Broker compensation reported · 2025
$20,813

Main Street Bank's benefits plans covered 130 active participants in 2025, providing short-term disability. Insurance brokers and agents were paid $20,813 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $160 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.9% from $19,477 in 2024.

Insurance contracts · 20253
HARTFORD LIFE AND ACCIDENTpremiums n/a · 131 covered
VISION SERVICE PLANpremiums n/a · 94 covered
Brokers & agents paid · 20254
MASSACHUSETTS FINANCIAL SERVICES$7,311
INDIGO INSURANCE SERVICES LLC$7,211 · incl $7,211 fees
VISION SERV PLAN INS CO$4,720 · incl $4,720 fees
MASS FINANCIAL SVCS IN AGENCY, INC.$1,571

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 041584100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.