Northfield Bankbenefits
Northfield Bank Welfare Benefits Plan · WOODBRIDGE, NJ · plan year 2025
Northfield Bank's benefits plans covered 367 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $221,215. Insurance brokers and agents were paid $56,757 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.7% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $51,254 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 135578494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.