First Financial Northwest, Inc.benefits

First Financial Northwest, Inc.'s benefits plans covered 137 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $187,898. Insurance brokers and agents were paid $2,589 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.4% of premiums. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 81% from $13,384 in 2023.