Ocean Bankbenefits

Ocean Bank's benefits plans covered 676 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $200,625 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $297 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $174,618 in 2023.