First Bank Puerto Ricobenefits

First Bank Puerto Rico's benefits plans covered 2,377 active participants in 2025, providing health · life · dental · long-term disability. Insurance premiums totaled $17,185,376. Insurance brokers and agents were paid $31,334,602 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 182.3% of premiums. That is $13,182 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 17% from $26,711,157 in 2024.