Plan Ledger DOL Form 5500 · updated monthly

Webster Five Cents Savings Bankbenefits

Webster Five Cents Savings Bank Life And · AUBURN, MA · plan year 2024

Broker compensation reported · 2024
$10,218

Webster Five Cents Savings Bank's benefits plans covered 162 active participants in 2024, providing short-term disability · long-term disability · life. Insurance brokers and agents were paid $10,218 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 16% from $8,796 in 2023.

Insurance contracts · 20241
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 162 covered
Brokers & agents paid · 20241
SENTINEL INSURANCE AGENCY, INC.$10,218 · incl $2,052 fees
Also brokered by Sentinel Insurance Agency, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041953630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.