Plan Ledger DOL Form 5500 · updated monthly

Waterfall Asset Management, LLCbenefits

Waterfall Asset Management, LLC Welfare Plan · NEW YORK, NY · plan year 2025

Broker compensation reported · 2025
$19,820

Waterfall Asset Management, LLC's benefits plans covered 139 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,079,612. Insurance brokers and agents were paid $19,820 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $143 per covered person, below the median for employer plans that report broker pay. Broker pay fell 17% from $23,784 in 2024.

Insurance contracts · 20257
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug$2.1M · 182 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 147 covered
HEALTH ADVOCATE SOLUTIONS INC.premiums n/a · 126 covered
NATIONAL UNION FIRE INS. CO.premiums n/a · 139 covered
FIRST UNUM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 139 covered
Brokers & agents paid · 20254
MMG AGENCY, INC.$405
MARSH AND MCLENNAN AGENCY, LLC$18,992 · incl $5,074 fees
BARNEY AND BARNEY, LLC$172
Individual agent · names withheld$251

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Mmg Agency, Inc.4
Mdrc NY$314

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 202421778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.