Plan Ledger DOL Form 5500 · updated monthly

Ulster Saving Bankbenefits

Ulster Savings Bank Medical · KINGSTON, NY · plan year 2023

Broker compensation reported · 2023
$2,848

Ulster Saving Bank's benefits plans covered 305 active participants in 2023, providing health. Insurance brokers and agents were paid $2,848 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20232
CAPITAL DISTRICT PHYSICIAN'S HEALTH PLAN INC. · healthpremiums n/a
SUN LIFE AND HEALTH INSURANCE COMPANY (U.S) · life ltdpremiums n/a · 271 covered
Brokers & agents paid · 20231
ULSTER INSURANCE SERVICES INC.$2,848 · incl $1,424 fees
Also brokered by Ulster Insurance Services Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 141136850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.