Baker Boyer National Bankbenefits

Baker Boyer National Bank's benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $128,648. Insurance brokers and agents were paid $1,707 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.3% of premiums. That is $10 per covered person, in the bottom quarter of employer plans that report broker pay.