Chambers Bancshares, Inc.benefits

Chambers Bancshares, Inc.'s benefits plans covered 234 active participants in 2024, providing life · long-term disability · other. Insurance premiums totaled $95,253. Insurance brokers and agents were paid $4,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.7% from $4,470 in 2023.