Form 5500 · Employee benefit plan · EASTHAMPTON, MA
BANKSESB
The filing calls this plan EASTHAMPTON SAVINGS BANK VISION, LIFE, LTD, AD&D PLAN.
Public Form 5500 records show how BANKSESB of EASTHAMPTON, MA, a finance and insurance employer, structures its employee benefits. Its broker of record is ALERA GROUP, INC.. Coverage is written through HARTFORD LIFE AND ACCIDENT and 1 other carrier. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 61-1570940 · plan 595 · plan year 2025, filed Jul 14, 2026
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How this plan is funded
Funding not settled by the filing
The filing does not report enough to settle how this plan pays for benefits.
Benefits declared on this filing
Also declared: other welfare.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 2 insured contracts covering vision, life and disability; the largest, with HARTFORD LIFE AND ACCIDENT, covers 245 people.
Reported premium across the insured contracts is $199,747, with $24,197 in disclosed broker commissions — about 12% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
ALERA GROUP, INC. is the broker of record on 1 of the 2 contracts; the rest name a different broker or none.
Two carriers split the book: HARTFORD LIFE AND ACCIDENT and VISION SERVICE PLAN.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| HARTFORD LIFE AND ACCIDENT | Life, Disability | 245 | Jan 1, 2026 | $163,487 | $21,540 |
| VISION SERVICE PLAN | Vision | 175 | Jan 1, 2026 | $36,260 | $2,657 |
Premium and claims on this contract
VISION SERVICE PLAN, contract 12700002. For the contract year on this filing, the carrier reported $36,260 in premium earned and $35,454 in claims incurred. Dividing one by the other gives 98%.
- VISION SERVICE PLAN, contract 12700002 reported $10,272 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
How this plan compares
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