M&T Bank Corporation Flexible Benefits Planbenefits

M&T Bank Corporation Flexible Benefits Plan's benefits plans covered 23,008 active participants in 2024, providing health · life · vision · long-term disability · death benefits · other · dental. Insurance brokers and agents were paid $504,859 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $22 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 50% from $1,005,625 in 2023.