Northwest Financial Assns Employee Benefit Trustbenefits

Northwest Financial Assns Employee Benefit Trust's benefits plans covered 4,062 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,119,945. Insurance brokers and agents were paid $16,402 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.8% of premiums. That is $4 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 32% from $24,109 in 2023.