Plan Ledger DOL Form 5500 · updated monthly

Passumpsic Savings Bankbenefits

Passumpsic Savings Bank Amended and Restated Welfare Benefits Plan · ST. JOHNSBURY, VT · plan year 2025

Broker compensation reported · 2025
$41,647

Passumpsic Savings Bank's benefits plans covered 275 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $41,647 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.8% from $38,627 in 2024.

Insurance contracts · 20251
METROPOLITAN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 275 covered
Brokers & agents paid · 20253
JAMES R. NELLIGAN & ASSCOCIATES LLC$8,267 · incl $1,394 fees
CROSS INSURANCE, INC.$4,677
Also brokered by Cross Benefit Solutions5
Rightworks, LLC NH$16,781

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 030147560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.