Fall River Five Cents Saving Bankbenefits

Fall River Five Cents Saving Bank's benefits plans covered 185 active participants in 2025, providing life · vision · short-term disability · long-term disability. Insurance premiums totaled $31,675. Insurance brokers and agents were paid $19,362 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 61.1% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay rose 22% from $15,864 in 2024.