Sound Community Bankbenefits
Sound Community Bank · SEATTLE, WA · plan year 2025
Sound Community Bank's benefits plans covered 122 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $28,138. Insurance brokers and agents were paid $18,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.4% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay rose 34% from $13,683 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 910619653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.