Crescent Bankbenefits
Crescent Bank Employee Benefits Plan · METAIRIE, LA · plan year 2025
Crescent Bank's benefits plans covered 48 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $24,318. Insurance brokers and agents were paid $87,514 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 359.9% of premiums. That is $1,823 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 30% from $124,789 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 721195686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.