Plan Ledger DOL Form 5500 · updated monthly

Newfield National Bankbenefits

Newfield National Bank Welfare Plan · NEWFIELD, NJ · plan year 2024

Broker compensation reported · 2024
$51,622

Newfield National Bank's benefits plans covered 136 active participants in 2024, providing health · life · dental. Insurance brokers and agents were paid $51,622 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $380 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.5% from $49,871 in 2023.

Insurance contracts · 20244
HORIZON HEALTHCARE SERVICES, INC · healthpremiums n/a · 103 covered
HORIZON HEALTHCARE SERVICES, INC · drugpremiums n/a · 103 covered
HORIZON HEALTHCARE SERVICES, INC · dentalpremiums n/a · 110 covered
RELIANCE STANDARD LIFE INSURANCE · lifepremiums n/a · 122 covered
Brokers & agents paid · 20242
MARSH & MCLENNAM AGENCY LLC$47,713
GLENN INSURANCE INC$3,909

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 210451020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.