Capital Bankbenefits

Capital Bank's benefits plans covered 64 active participants in 2024, providing health. Insurance premiums totaled $486,961. Insurance brokers and agents were paid $22,204 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $347 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.9% from $22,645 in 2023.