Popular Bankbenefits
Popular Bank Welfare Plans · NEW YORK, NY · plan year 2025
Popular Bank's benefits plans covered 801 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $75,630. Insurance brokers and agents were paid $99,742 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 131.9% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.5% from $94,514 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 522126008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.