Plan Ledger DOL Form 5500 · updated monthly

Nutmeg State Financial Credit Union, Inc.benefits

Nutmeg State Financial Credit Union Employee Benefit Plan · ROCKY HILL, CT · plan year 2024

Broker compensation reported · 2024
$9,660

Nutmeg State Financial Credit Union, Inc.'s benefits plans covered 123 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $9,660 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay fell 82% from $54,842 in 2023.

Insurance contracts · 20241
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 123 covered
Brokers & agents paid · 20243
SMITH BROTHERS INSURANCE, LLC$5,923
EMERSON REID, LLC$2,518 · incl $2,518 fees
EMERSON ROGERS, LLC$1,219 · incl $1,219 fees
Also brokered by Smith Brothers Insurance, LLC5
Argan, Inc. MD$167,847

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060655039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.