Mississippi Bankers Association Financial Institutions of Depositbenefits

Mississippi Bankers Association Financial Institutions of Deposit's benefits plans covered 2,400 active participants in 2024, providing long-term disability. Insurance brokers and agents were paid $121,207 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $51 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.9% from $133,033 in 2023.