Horizon Bancorp, Inc.benefits

Horizon Bancorp, Inc.'s benefits plans covered 857 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $477,325. Insurance brokers and agents were paid $117,597 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.6% of premiums. That is $137 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $133,605 in 2024.