Plan Ledger DOL Form 5500 · updated monthly

Northway Bankbenefits

Northway Bank Flexible Benefits Plan · BERLIN, NH · plan year 2024

Broker compensation reported · 2024
$90,713

Northway Bank's benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $90,713 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $454 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 22% from $74,168 in 2023.

Insurance contracts · 20248
RED TREE INSURANCE COMPANY, INC. · visionpremiums n/a · 188 covered
HPHC INSURANCE COMPANY · health drug ppopremiums n/a · 25 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 167 covered
HARVARD PILGRIM HEALTH CARE OF NE INC - MA · health drug hmopremiums n/a · 195 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 150 covered
RED TREE INSURANCE COMPANY, INC. · visionpremiums n/a · 164 covered
HARVARD PILGRIM HEALTH CARE OF NE INC - MA · health drug hmopremiums n/a · 163 covered
HPHC INSURANCE COMPANY · health drug ppopremiums n/a · 23 covered
Brokers & agents paid · 20245
CROSS INSURANCE, INC$10,885
CROSS BENEFIT SOLUTIONS$2,487 · incl $2,487 fees
CROSS INSURANCE, INC.$17,414 · incl $5,412 fees
CROSS INSURANCE$59,734 · incl $12,126 fees
Also brokered by Cross Insurance, Inc4
Infinidat, Inc. MA$128,635
Pathways Inc NY$5,483

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 020108854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.