Sterling Bankbenefits

Sterling Bank's benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $79,659 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $693 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.2x the $25,018 reported for 2023.