Plan Ledger DOL Form 5500 · updated monthly

Quontic Bankbenefits

Quontic Bank Employee Benefits Program · MELVILLE, NY · plan year 2024

Broker compensation reported · 2024
$169,606

Quontic Bank's benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $169,606 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,109 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 2.0% from $173,059 in 2023.

Insurance contracts · 20244
EMPIRE HEALTHCHOICE ASSURANCE, INC. · health dental ppopremiums n/a · 266 covered
EYEMED VISION · visionpremiums n/a · 200 covered
SUN LIFE AND HEALTH INSURANCE · life std ltdpremiums n/a · 173 covered
EYEMED VISION · visionpremiums n/a · 212 covered
Brokers & agents paid · 20245
GARY WOOD ASSOCIATES, INC$110,671
CENTERSTONE INS. AND FIN. SERVICES$32,481 · incl $32,481 fees
DBL GENERAL AGENCY AN ALERA GRP LLC$5,015 · incl $1,420 fees
GARY WOOD ASSOCIATES, INC.$1,707
Also brokered by Gary Wood Associates, Inc1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202097129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.