Walden Savings Bankbenefits
Walden Savings Bank Welfare Benefit Plan · MONTGOMERY, NY · plan year 2025
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.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 141155630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.