P.C. Richard & Sonbenefits
Group Life & Ad&D for Employees of P.C. Richard & Son · FARMINGDALE, NY · plan year 2025
Broker compensation reported · 2025
$28,352
P.C. Richard & Son's benefits plans covered 1,808 active participants in 2025, providing life · death benefits. Insurance brokers and agents were paid $28,352 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $33,921 in 2024.
Insurance contracts · 20252
FIRST RELIANCE STANDARD · lifepremiums n/a · 1,808 covered
FIRST RELIANCE STANDARD · ltdpremiums n/a · 1,668 covered
Brokers & agents paid · 20251
CORPORATE SYNERGIES GROUP, LLC$28,352 · incl $10,010 fees
Also brokered by Corporate Synergies Group, LLC5
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 112128677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.