Simplybankbenefits

Simplybank's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $47,577 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $449 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 40% from $79,414 in 2023.