Lake Shore Savings Bankbenefits

Lake Shore Savings Bank's benefits plans covered 116 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $48,073 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $414 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.3% from $49,223 in 2023.