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Sponsor portfolioWelfare / HealthEIN 16-0968385

M&T BANK CORPORATION

1 M AND T PLZ · BUFFALO, NY 142032309
7168487667
Plans filed
2
Years active
2021–2024
Industry
NAICS 52
Latest filing
2024
Total premiums (latest)
$24.2M
No prior year
Persons covered
22,782
No prior year
Total participants
46,021
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #520$24.2M
M&T BANK CORPORATION FLEXIBLE BENEFITS PLAN
Mixed22,782 covered·3 carriers
Primary: FIRST UNUM LIFE INSURANCE COMPANY
Plan #512$0
M&T CORPORATION EMPLOYEE SEVERANCE PAY PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Life$11.4M47.3%
Long-term disability$6.8M28.2%
Short-term disability$4.0M16.4%
Vision$2.0M8.1%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 131898173
LSTDLTD
$22.2M91.7%1321,921
VISION SERVICE PLAN
EIN 222777159
V
$2.0M8.1%1114,847
ACE AMERICAN INSURANCE COMPANY
EIN 952371728
L
$36K0.1%1122,782

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
DEDECKER-SAXE ASSOCIATES INCBUFFALO, NYFIRST UNUM LIFE INSURANCE COMPANY$321K$114K$436K86.3%1
GALLAGHER BENEFIT SERVICES, INC.ROLLING MEADOWS, ILFIRST UNUM LIFE INSURANCE COMPANY, ACE AMERICAN INSURANCE COMPANY$5K$64K$69K13.7%1

History & trajectory

4 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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