Webster Bank, N.A.benefits
Webster Bank, National Association Severance Pay Plan for Employees · JERICHO, NY · plan year 2025
Previously filed as Webster Bank, N. A. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Webster Bank, N.A.'s benefits plans covered 4,608 active participants in 2025. Insurance brokers and agents were paid $269,681 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 137% from $113,724 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 060273620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.