Baycoast Bankbenefits

Baycoast Bank's benefits plans covered 482 active participants in 2024, providing life · long-term disability · death benefits. Insurance brokers and agents were paid $373,144 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $774 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 5.0% from $392,848 in 2023.