Grove Bank & Trustbenefits

Grove Bank & Trust's benefits plans covered 111 active participants in 2024, providing life. Insurance brokers and agents were paid $1,457 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 80% from $7,132 in 2023.