Credit One Bank, N.A.benefits

Credit One Bank, N.A.'s benefits plans covered 1,217 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $676,482. Insurance brokers and agents were paid $570,464 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 84.3% of premiums. That is $469 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $469,841 in 2023.