Plan Ledger DOL Form 5500 · updated monthly

Ny Community Financial LLCbenefits

Ny Community Financial LLC Life Insurance Plan · RIVER EDGE, NJ · plan year 2024

Broker compensation reported · 2024
$1,407

Ny Community Financial LLC's benefits plans covered 409 active participants in 2024, providing life. Insurance brokers and agents were paid $1,407 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 54% from $3,049 in 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · lifepremiums n/a · 409 covered
Brokers & agents paid · 20242
EMERSON REID LLC$503 · incl $503 fees
Individual agent · names withheld$904

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260061110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.