Blue Ridge Bankshares, Inc.benefits

Blue Ridge Bankshares, Inc.'s benefits plans covered 300 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $155,402. Insurance brokers and agents were paid $15,767 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.1% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 87% from $125,940 in 2024.