Herring Bankbenefits

Herring Bank's benefits plans covered 149 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $62,252 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $418 per covered person, above the median for employer plans that report broker pay. Broker pay rose 26% from $49,528 in 2023.