Market Street Bancshares Incbenefits

Market Street Bancshares Inc's benefits plans covered 235 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $406,186. Insurance brokers and agents were paid $54,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.3% of premiums. That is $230 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $47,205 in 2023.