First Harrison Bankbenefits

First Harrison Bank's benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $114,347. Insurance brokers and agents were paid $33,369 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.2% of premiums. That is $194 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.9% from $35,446 in 2023.