Bank Ozkbenefits

Bank Ozk's benefits plans covered 2,858 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,758,747. Insurance brokers and agents were paid $719,928 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.9% of premiums. That is $252 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $615,574 in 2023.