Plan Ledger DOL Form 5500 · updated monthly

Pioneer Bankbenefits

Pioneer Bank Welfare Benefit Plan · ALBANY, NY · plan year 2024

Broker compensation reported · 2024
$90,694

Pioneer Bank's benefits plans covered 274 active participants in 2024, providing health · dental · vision · long-term disability · other. Insurance brokers and agents were paid $90,694 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $331 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.0% from $83,189 in 2023.

Insurance contracts · 20246
ANTHEM BLUE CROSS · dental visionpremiums n/a · 278 covered
CAPITAL DISTRICT PHYSICIANS HEALTH PLAN INC · health drugpremiums n/a · 245 covered
CAPITAL DISTRICT PHYSICIAN'S HEALTH PLAN INC · health drug dentalpremiums n/a · 11 covered
UNITED CONCIERGE MEDICINE DIGITAL HEALTHpremiums n/a · 565 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 251 covered
AMERICAN FAMILY LIFE ASSURANCE COMPANY OF NEW YORKpremiums n/a · 88 covered
Brokers & agents paid · 20243
PIONEER BANK$67,360
VARIOUS - SEE ATTACHED$12,912 · incl $153 fees
PIONEER INSURANCE AGENCY INC$10,422
Also brokered by Pioneer Bank1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 140970570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.