Central Bancshares, Inc.benefits

Central Bancshares, Inc.'s benefits plans covered 535 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $179,187. Insurance brokers and agents were paid $263,897 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 147.3% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $225,808 in 2024.