Webster Bankbenefits
Sterling Bancorp Bank Owned Life Insurance · JERICHO, NY · plan year 2023
Broker compensation reported · 2023
$45,998
Webster Bank's benefits plan covered 2 active participants in 2023, providing life. Insurance brokers and agents were paid $45,998 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $22,999 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20236
DELAWARE LIFE · lifepremiums n/a · 13 covered
JOHN HANCOCK · lifepremiums n/a · 43 covered
MASMUTUAL · lifepremiums n/a · 43 covered
NEW YORK LIFE ASSURANCE AND ANNUITY CORP · lifepremiums n/a · 41 covered
NORTHWESTERN MUTUAL · lifepremiums n/a · 51 covered
SECURITY LIFE OF DENVER · lifepremiums n/a · 41 covered
Brokers & agents paid · 20234
RICKY KASPER$12,004
DOUGLAS DREYER$23,395 · incl $11,391 fees
VENTIS CONSULTING LLC$4,304 · incl $4,304 fees
THE LEADERS GROUP$6,295 · incl $6,295 fees
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 060273620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.