First Federal Bank of Kansas Citybenefits

First Federal Bank of Kansas City's benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,563,811. Insurance brokers and agents were paid $73,886 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $547 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.0% from $81,191 in 2023.