Provident Bankbenefits
Provident Bank Health and Welfare Plan · ISELIN, NJ · plan year 2024
Broker compensation reported · 2024
$65,629
Provident Bank's benefits plans covered 1,758 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $65,629 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 35% from $100,282 in 2023.
Insurance contracts · 20248
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 763 covered
VISION SERVICE PLAN · visionpremiums n/a · 587 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 173 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 233 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 325 covered
AETNA LIFE INSURANCE CO. · dental hmopremiums n/a · 1,124 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 2,553 covered
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,919 covered
Brokers & agents paid · 20244
WILLIS OF NEW JERSEY INC.$17,740
WILLIS OF NEW JERSEY INC$44,066
WILLIS TOWERS WATSON INS SVCS WEST$3,510 · incl $3,510 fees
IMG$313 · incl $313 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Home Depot USA, Inc. GA$5,392,359
Pacific Architects and Engineers, LLC VA$4,476,431
Amentum Government Services Parent Holding LLC MD$4,258,557
Vca Inc. CA$4,086,268
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221211130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.