Northern Bank & Trust Companybenefits
Northern Bank & Trust Company Health and Welfare Plan · WOBURN, MA · plan year 2025
Previously filed as Northern Bank and Trust Company. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Northern Bank & Trust Company's benefits plans covered 232 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $4,357,277. Insurance brokers and agents were paid $128,446 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $554 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $108,801 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042265819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.