Range Bankbenefits

Range Bank's benefits plans covered 115 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,124,742. Insurance brokers and agents were paid $40,676 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $354 per covered person, above the median for employer plans that report broker pay. Broker pay fell 24% from $53,722 in 2024.