Form 5500 · Employee benefit plan · NEW YORK, NY
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION
The filing calls this plan SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION WELFARE BENEFITS PLAN.
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION of NEW YORK, NY insures health, dental, vision, life and disability coverage for its employees, per Schedule A of its Form 5500. Its broker of record is CORPORATE SYNERGIES GROUP. Coverage is written through AETNA LIFE INSURANCE COMPANY and 7 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 32-0178959 · plan 501 · plan year 2025, filed Jul 30, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: prepaid legal, death benefits, 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.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
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 8 insured contracts covering health, dental, vision, life and disability; the largest, with AETNA LIFE INSURANCE COMPANY, covers 217 people.
Reported premium across the insured contracts is $4,063,539, with $64,625 in disclosed broker commissions — about 1.6% of premium.
The health contract's policy period ended in December, while at least one ancillary line's policy period ended in October. The plan is on a split renewal cycle.
CORPORATE SYNERGIES GROUP is the broker of record on 3 of the 8 contracts; the rest name a different broker or none.
8 carriers appear on the filing, including AETNA LIFE INSURANCE COMPANY, PRUDENTIAL INSURANCE COMPANY OF AMERICA, UNITED AMERICAN INSURANCE COMPANY and ELIXIR. AETNA LIFE INSURANCE COMPANY writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| UNITED AMERICAN INSURANCE COMPANY | Health | 48 | Jan 1, 2026 | $152,755 | $26,957 |
| PRUDENTIAL INSURANCE COMPANY OF AMERICA | Life, Disability | 172 | Jan 1, 2026 | $212,103 | $23,108 |
| ELIXIR | Health | 46 | Jan 1, 2026 | $94,704 | $6,853 |
| NIAGARA HEALTH AND LIFE | Health | 46 | Jan 1, 2026 | $34,325 | $5,187 |
| VISION SERVICE PLAN | Vision | 152 | Jan 1, 2026 | $36,381 | $1,554 |
| PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | — | 34 | Jan 1, 2026 | $5,396 | $741 |
| FEDERAL INSURANCE COMPANY | — | 172 | Oct 31, 2025 | $1,500 | $225 |
| AETNA LIFE INSURANCE COMPANY | Health, Dental | 217 | Jan 1, 2026 | $3,526,375 | $0 |
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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