Commercial Bankbenefits

Commercial Bank's benefits plan covered 92 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $922,462. Insurance brokers and agents were paid $56,428 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $613 per covered person, in the top quarter of employer plans that report broker pay.