Farmers and Merchants Bank of Central Californiabenefits

Farmers and Merchants Bank of Central California's benefits plans covered 388 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $259,983 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $670 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 20% from $216,586 in 2023.