German American Bancorp, Inc.benefits

German American Bancorp, Inc.'s benefits plans covered 814 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $88,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.1% from $95,549 in 2023.