Bank of England D/B/A Eng Lendingbenefits

Bank of England D/B/A Eng Lending's benefits plans covered 190 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $83,896. Insurance brokers and agents were paid $37,249 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.4% of premiums. That is $196 per covered person, above the median for employer plans that report broker pay. Broker pay fell 89% from $348,209 in 2023.