Bankers Cooperative Group, Inc.
Bankers Cooperative Group, Inc. collected $751,379 in commissions and fees from 9 employer health plans in plan year 2024 filings, ranking #596 among 12,126 brokers named in the public record. Most of its named clients are in New Jersey.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| New Jersey Bankers Association · New Jersey | $334,187 | 9,738 |
| Kearny Bank · New Jersey | $243,117 | 650 |
| Children's Aid and Family Services, Inc. · New Jersey | $57,925 | 183 |
| BCB Community Bank · New Jersey | $44,915 | 324 |
| Sturdy Savings Bank · New Jersey | $40,307 | 110 |
| Valley National Bank · New Jersey | $18,417 | 3,963 |
| Amboy Bancorporation · New Jersey | $11,927 | 197 |
| First Commerce Bank · New Jersey | $543 | 151 |
| Persante Health Care, Inc. · New Jersey | $41 | 269 |
Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.
Where its clients are
Employer plans naming this broker, by employer state.
How much does Bankers Cooperative Group, Inc. earn from employer health plans?
In plan year 2024 filings, employers reported paying Bankers Cooperative Group, Inc. $751,379: $450,337 in commissions and $301,042 in fees, across 14 insurance contracts at 9 employers. That ranks #596 of 12,126 brokers in the public record.
What commission rate is paid on plans Bankers Cooperative Group, Inc. brokers?
Not enough fully insured medical plans name Bankers Cooperative Group, Inc. as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Bankers Cooperative Group, Inc.?
The largest reported payers in 2024 were New Jersey Bankers Association, Kearny Bank, Children's Aid and Family Services, Inc.. New Jersey is its biggest state by employer count (9 plans).
Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.