First Bankbenefits

First Bank's benefits plans covered 304 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $250,197 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $823 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $220,634 in 2023.