Securities Industry and Financial Markets Associationbenefits

Securities Industry and Financial Markets Association's benefits plans covered 176 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $57,604 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $327 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.4% from $61,524 in 2023.