Bank of Tennesseebenefits

Bank of Tennessee's benefits plans covered 221 active participants in 2025, providing health · dental · vision · other. Insurance premiums totaled $2,064,715. Insurance brokers and agents were paid $105,910 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.6% from $112,213 in 2024.