American Bankers Associationbenefits

American Bankers Association's benefits plans covered 357 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $113,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $319 per covered person, above the median for employer plans that report broker pay. Broker pay rose 30% from $87,259 in 2023.