Fleetwood Bankbenefits

Fleetwood Bank's benefits plans covered 46 active participants in 2024, providing health · life · dental · vision · other · long-term disability. Insurance premiums totaled $5,469. Insurance brokers and agents were paid $7,807 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 142.8% of premiums. That is $170 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.2x the $2,437 reported for 2023.