Bankwell Financial Group, Inc.benefits

Bankwell Financial Group, Inc.'s benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $107,253. Insurance brokers and agents were paid $114,749 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 107.0% of premiums. That is $826 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 12% from $129,745 in 2023.