Plan Ledger DOL Form 5500 · updated monthly

Nichols Schoolbenefits

Nichols School Group Welfare Plan · BUFFALO, NY · plan year 2024

Broker compensation reported · 2024
$7,589

Nichols School's benefits plans covered 128 active participants in 2024, providing life · dental · long-term disability · other. Insurance brokers and agents were paid $7,589 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 0.6% from $7,545 in 2023.

Insurance contracts · 20242
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 128 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 53 covered
Brokers & agents paid · 20244
WALSH DUFFIELD COMPANIES, INC.$3,454
WALSH DUFFIELD COMPANIES INC.$2,620
NFP INSURANCE SERVICES INC$91 · incl $91 fees
Also brokered by Walsh Duffield Companies, Inc.5
People Inc. NY$170,999

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 160755808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.