Plan Ledger DOL Form 5500 · updated monthly

Shinhan Bank America, Inc.benefits

Shinhan Bank America, Inc. Health and Welfare Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$349,377

Shinhan Bank America, Inc.'s benefits plans covered 310 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $349,377 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,127 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20244
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · dental life ppopremiums n/a · 302 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 534 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 86 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 758 covered
Brokers & agents paid · 20243
E BENEFIT SOLUTION INC$251,932
SAVOY ASSOCIATES$20,645
DONALD C SAVOY INC$76,800 · incl $22,239 fees
Also brokered by E Benefit Solution Inc3
Hair Zone, Inc. NJ$173,993

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133581762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.