American Savings Bank F.S.B.benefits
American Savings Bank Flexible Benefit Plan · HONOLULU, HI · plan year 2024
American Savings Bank F.S.B.'s benefits plans covered 955 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $627,870. Insurance brokers and agents were paid $91,304 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.5% of premiums. That is $96 per covered person, below the median for employer plans that report broker pay. Broker pay fell 10% from $101,593 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 990253492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.