Northwest Bankbenefits
Northwest Bank Employees Welfare Benefits Program · WARREN, PA · plan year 2024
Broker compensation reported · 2024
$318,630
Northwest Bank's benefits plans covered 1,985 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $318,630 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $161 per covered person, below the median for employer plans that report broker pay. Broker pay rose 20% from $265,070 in 2023.
Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 1,446 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 87 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,985 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$318,630 · incl $21,086 fees
Also brokered by Usi5
Atos IT Solutions and Services, Inc. TX$3,552,554
Saia Motor Freight Line LLC GA$2,404,574
Hartz Mountain Industries, Inc NJ$2,206,819
The Faison Center VA$1,640,677
Curo Health Services, LLC NC$1,255,743
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232790930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.