Homestreet, Inc.benefits

Homestreet, Inc.'s benefits plans covered 819 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $511,240. Insurance brokers and agents were paid $4,487 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 65% from $12,811 in 2023.