First Hawaiian Bankbenefits

First Hawaiian Bank's benefits plans covered 2,000 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $19,271,198. Insurance brokers and agents were paid $353,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $177 per covered person, below the median for employer plans that report broker pay. Broker pay fell 9.6% from $390,836 in 2023.