Assets by plan
Share of aggregate retirement assets
Sponsor portfolio
WEBSTER BANK, N.A.
EIN 06-0273620Finance and InsuranceLatest filing 2024
Plans
6
Retirement
2
$1.34B assets
Welfare
4
$7.2M premiums
Participants
18,272
ONE JERICHO PLAZA - JERICHO, NY 11753516-327-7503
Retirement portfolio analytics
2 plans aggregated / $1.34B assets / 9,573 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
4 plans / $7.2M premiums / 11,166 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Dental$3.6M
- Other$3.1M
- Life$2.5M
- Short-term disability$2.5M
- Long-term disability$2.5M
- Vision$388K
- +2 more
Carrier market share
Premium dollars by Schedule A carrier
50%top
- DELTA DENTAL OF CALIFORNIA50%
- PRUDENTIAL INSURANCE COMPANY OF AMERICA35%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY8%
- EYEMED VISION CARE5%
- METROPOLITAN LIFE INSURANCE COMPANY1%
- +1 more
Broker market share
Schedule A broker compensation
97%top
- WILLIS TOWERS WATSON US LLC97%
- USI INSURANCE SERVICES LLC1%
- IMG1%
- HILB GROUP OF NEW ENGLAND0%
- BENEFITFOCUS.COM, INC.0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#003
WEBSTER BANK RETIREMENT SAVINGS PLAN
401k
Assets$1.13B
Participants6,678
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
WEBSTER BANK PENSION PLAN
TraditionalDB
Assets$209.3M
Participants2,895
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#508
WEBSTER BANK GROUP INSURANCE PLAN
Fully Insured - DELTA DENTAL OF NEW JERSEY, INC.
Premiums$7.2M
Covered lives6,910
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#520
BUSINESS TRIP INSURANCE
Fully Insured - HARTFORD LIFE AND ACCIDENT
Premiums$13K
Covered lives4,256
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#506
STERLING NATIONAL BANK SEVERANCE PAY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#521
WEBSTER BANK, NATIONAL ASSOCIATION SEVERANCE PAY PLAN FOR EMPLOYEES
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 003 | WEBSTER BANK RETIREMENT SAVINGS PLAN | 401k | $1.13B | 6,678 | 2024 | |
| 004 | WEBSTER BANK PENSION PLAN | TraditionalDB | $209.3M | 2,895 | 2024 |
Welfare plans4
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 508 | WEBSTER BANK GROUP INSURANCE PLAN | Fully Insured | DELTA DENTAL OF NEW JERSEY, INC. | $7.2M | 6,910 | 2024 | |
| 520 | BUSINESS TRIP INSURANCE | Fully Insured | HARTFORD LIFE AND ACCIDENT | $13K | 4,256 | 2024 | |
| 506 | STERLING NATIONAL BANK SEVERANCE PAY PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 521 | WEBSTER BANK, NATIONAL ASSOCIATION SEVERANCE PAY PLAN FOR EMPLOYEES | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans