Florida Capital Bank, N.A.benefits

Florida Capital Bank, N.A.'s benefits plan covered 115 active participants in 2023, providing health · vision · life · short-term disability · long-term disability · dental · other. Insurance premiums totaled $1,147,794. Insurance brokers and agents were paid $75,674 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $658 per covered person, in the top quarter of employer plans that report broker pay.