Cadence Bankbenefits

Cadence Bank's benefits plans covered 5,332 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $727,139. Insurance brokers and agents were paid $997,826 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 137.2% of premiums. That is $187 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.2% from $966,879 in 2023.