Plan Ledger DOL Form 5500 · updated monthly

The Cultural Institutions Retirement Systembenefits

The Cultural Institutions Group Life and Welfare Benefits Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$136,270

The Cultural Institutions Retirement System's benefits plans covered 7,815 active participants in 2024, providing life. Insurance brokers and agents were paid $136,270 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.1% from $143,595 in 2023.

Insurance contracts · 20241
SUN LIFE AND HEALTH INSURANCE COMPANY · lifepremiums n/a · 7,834 covered
Brokers & agents paid · 20243
RSC INSURANCE BROKERAGE, INC.$71,885 · incl $7,500 fees
SELMAN & COMPANY, LLC$45,189
Also brokered by Rsc Insurance Brokerage, Inc.5
Alita Care, LLC AZ$366,327

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 112001170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.