Riverview Bankbenefits

Riverview Bank's benefits plans covered 218 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $159,118. Insurance brokers and agents were paid $8,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 81% from $4,906 in 2023.