Plan Ledger DOL Form 5500 · updated monthly

Manasquan Bankbenefits

Manasquan Bank Welfare Benefits Plan · MANASQUAN, NJ · plan year 2024

Broker compensation reported · 2024
$122,736

Manasquan Bank's benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $122,736 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $527 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20242
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 217 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 493 covered
Brokers & agents paid · 20244
SAVOY ASSOCIATES$87,112
NPPG EMPLOYEE BENEFITS LLC$15,973
DONALD C SAVOY INC$11,492 · incl $2,804 fees
RISK PLACEMENT SERVICE INC$8,159
Also brokered by Savoy Associates5
Subcom, LLC NJ$80,744

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 210506080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.