Plan Ledger DOL Form 5500 · updated monthly

Walden Savings Bankbenefits

Walden Savings Bank Welfare Benefit Plan · MONTGOMERY, NY · plan year 2025

Broker compensation reported · 2025
$76,259

Walden Savings Bank's benefits plans covered 123 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $45,255. Insurance brokers and agents were paid $76,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 168.5% of premiums. That is $620 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 21% from $96,301 in 2024.

Insurance contracts · 20259
STANDARD LIFE INS CO OF NY · life$45K · 123 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 355 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 39 covered
ESI EMPLOYYEE ASSISTANCE GROUPpremiums n/a · 142 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 88 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 30 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 123 covered
ANTHEM BLUE CROSS · health ppopremiums n/a · 157 covered
Brokers & agents paid · 20256
NFP CORPORATE SERVICES (NY) LLC$61,333 · incl $8,600 fees
NFP PROPERTY & CASUALTY SVCS INC$2,571 · incl $115 fees
ROSE & KIERNAN INC$6,291 · incl $1,627 fees
ROSE & KIERNAN, INC.$4,335 · incl $1,142 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 141155630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.