Bank of Hawaiibenefits

Bank of Hawaii's benefits plans covered 1,881 active participants in 2024, providing death benefits · other. Insurance premiums totaled $17,692,592. Insurance brokers and agents were paid $565,278 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $301 per covered person, above the median for employer plans that report broker pay. Broker pay rose 28% from $442,165 in 2023.