Finemark National Bank & Trustbenefits

Finemark National Bank & Trust's benefits plans covered 286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,866,128. Insurance brokers and agents were paid $20,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $72 per covered person, below the median for employer plans that report broker pay. Broker pay fell 46% from $37,575 in 2023.