New York Institute of Technologybenefits
New York Institute of Technology Group Life and Accident Insurance Plan · OLD WESTBURY, NY · plan year 2025
New York Institute of Technology's benefits plans covered 979 active participants in 2025, providing life · death benefits. Insurance premiums totaled $2,389,845. Insurance brokers and agents were paid $3,517 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.1% of premiums. That is $4 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 44% from $2,436 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 111788788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.